PPP Loan information for Shannon systems llc

$1,102,500

Shannon systems llc was initially approved for PPP Loan of amount $1,102,500, the current approved amount is $1,102,500. The loan was approved on 04/27/2020 by The Bank Rhode Island reported 72 jobs and $1,102,500 was used to fund payroll.

Shannon systems llc is Existing or more than 2 years old

SHANNON SYSTEMS LLC

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SHANNON SYSTEMS LLC

Borrower Address

80 PALMER CIRCLE

Borrower City

HOPE VALLEY

Borrower State

RI

Borrower Zip

02832-2520

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102500.00

Current Approval Amount

1102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPE VALLEY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02832-2520

CD

RI-02

Jobs Reported

72

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1102500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1108318.75

Forgiveness Date

11/12/2020

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