PPP Loan information for Team one newport inc

$197,585

Team one newport inc was initially approved for PPP Loan of amount $197,585, the current approved amount is $197,585. The loan was approved on 02/13/2021 by The BankNewport reported 18 jobs and $197,585 was used to fund payroll.

Team one newport inc is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / Team one newport inc

TEAM ONE NEWPORT INC

Date Approved

02/13/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

TEAM ONE NEWPORT INC

Borrower Address

1005 Aquidneck Ave

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-5535

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197585.00

Current Approval Amount

197585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-5535

CD

RI-01

Jobs Reported

18

NAICS Code

448190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

197582.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198792.16

Forgiveness Date

10/04/2021

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