Newport Electric Construction Corp

$696,760 PPP Loan in Bristol, Rhode Island

Loan Details

Loan Number
2533198308
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$696,760
Current Approval
$696,760
Forgiveness Amount
$701,627
Forgiveness Date
Oct 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newport Electric Construction Corp
Address
121 Broadcommon Rd
ZIP Code
02809-2714
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$696,760

Lender Information

Servicing Lender
Banknewport
Originating Lender
Banknewport

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