PPP Loan information for Sarmento enterprises inc.

$236,000

Sarmento enterprises inc. was initially approved for PPP Loan of amount $236,000, the current approved amount is $236,000. The loan was approved on 04/10/2020 by The Avidia Bank reported 25 jobs and $236,000 was used to fund payroll.

Sarmento enterprises inc. is New Business or 2 years or less

PPP Loan Search / RI / EAST PROVIDENCE / Sarmento enterprises inc.

SARMENTO ENTERPRISES INC.

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SARMENTO ENTERPRISES INC.

Borrower Address

377 TAUNTON AVE

Borrower City

EAST PROVIDENCE

Borrower State

RI

Borrower Zip

02914-2632

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236000.00

Current Approval Amount

236000.00

Undisbursed Amount

0.00

Franchise Name

Mitsubishi Motors Dealer Agreement

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EAST PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-2632

CD

RI-01

Jobs Reported

25

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237520.89

Forgiveness Date

12/09/2020

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