PPP Loan information for The elms retirement residence inc.

$321,300

The elms retirement residence inc. was initially approved for PPP Loan of amount $321,300, the current approved amount is $321,300. The loan was approved on 04/04/2020 by The The Washington Trust Company of Westerly reported 50 jobs and $321,300 was used to fund payroll.

The elms retirement residence inc. is Existing or more than 2 years old

PPP Loan Search / RI / WESTERLY / The elms retirement residence inc.

THE ELMS RETIREMENT RESIDENCE INC.

Date Approved

04/04/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

THE ELMS RETIREMENT RESIDENCE INC.

Borrower Address

22 ELM ST

Borrower City

WESTERLY

Borrower State

RI

Borrower Zip

02891-2143

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321300.00

Current Approval Amount

321300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTERLY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-2143

CD

RI-02

Jobs Reported

50

NAICS Code

623312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

321300.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

323388.45

Forgiveness Date

12/07/2020

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