PPP Loan information for Westbay community action inc

$533,775

Westbay community action inc was initially approved for PPP Loan of amount $533,775, the current approved amount is $533,775. The loan was approved on 04/28/2020 by The Coastal1 Credit Union reported 61 jobs and $533,775 was used to fund payroll.

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

WESTBAY COMMUNITY ACTION INC

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

WESTBAY COMMUNITY ACTION INC

Borrower Address

224 BUTTONWOODS AVE

Borrower City

WARWICK

Borrower State

RI

Borrower Zip

02886-7541

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533775.00

Current Approval Amount

533775.00

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

61

NAICS Code

813319

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

533775.00

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

541055.10

Forgiveness Date

09/17/2021

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