PPP Loan information for Sixteen on center inc

$145,394

Sixteen on center inc was initially approved for PPP Loan of amount $145,394, the current approved amount is $145,394. The loan was approved on 01/28/2021 by The BayCoast Bank reported 17 jobs and $145,394 was used to fund payroll.

Sixteen on center inc is Existing or more than 2 years old

SIXTEEN ON CENTER INC

Date Approved

01/28/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SIXTEEN ON CENTER INC

Borrower Address

41 Eagleville Rd

Borrower City

Tiverton

Borrower State

RI

Borrower Zip

02878-3005

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145394.00

Current Approval Amount

145394.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tiverton

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-3005

CD

RI-01

Jobs Reported

17

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

145389.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146468.30

Forgiveness Date

10/26/2021

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