PPP Loan information for The preservation society of newport county

$2,000,000

The preservation society of newport county was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The BankNewport reported 127 jobs and $2,000,000 was used to fund payroll.

The preservation society of newport county is Existing or more than 2 years old

PPP Loan Search / RI / Newport / The preservation society of newport county

THE PRESERVATION SOCIETY OF NEWPORT COUNTY

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

THE PRESERVATION SOCIETY OF NEWPORT COUNTY

Borrower Address

424 Bellevue Ave

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6924

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-6924

CD

RI-01

Jobs Reported

127

NAICS Code

712120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Professional Association

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015835.62

Forgiveness Date

11/12/2021

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