PPP Loan information for Westbay community action inc

$598,442

Westbay community action inc was initially approved for PPP Loan of amount $598,442, the current approved amount is $598,442. The loan was approved on 01/22/2021 by The Coastal1 Credit Union reported 80 jobs and $598,442 was used to fund payroll.

Westbay community action inc is Existing or more than 2 years old

WESTBAY COMMUNITY ACTION INC

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

WESTBAY COMMUNITY ACTION INC

Borrower Address

224 Buttonwoods Ave

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02886-7541

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

598442.00

Current Approval Amount

598442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warwick

Project County Name

KENT

Project State

RI

Project Zip

02886-7541

CD

RI-02

Jobs Reported

80

NAICS Code

813319

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

598441.00

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

Non-Profit Organization

Originating Lender Location Id

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

605573.43

Forgiveness Date

04/07/2022

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