Newport Hotel Group, LLC
$515,000 PPP Loan in Middletown, Rhode Island
Loan Details
- Loan Number
- 4623247001
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $515,000
- Current Approval
- $515,000
- Forgiveness Amount
- $521,294
- Forgiveness Date
- Jun 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newport Hotel Group, LLC
- Address
- 28 Jacome Way
- City
- Middletown
- State
- Rhode Island
- ZIP Code
- 02842-5679
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $11.9M
- Rural/Urban
- Urban
- Congressional District
- RI-01
Loan Use Breakdown
- Payroll
- $386,250
- Rent
- $128,750
Lender Information
- Servicing Lender
- Centreville Bank
- Originating Lender
- Centreville Bank
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