Rhode Island Novelty Inc.

$2,000,000 PPP Loan in Fall River, Massachusetts

Loan Details

Loan Number
5032528306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,017,370
Forgiveness Date
Dec 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rhode Island Novelty Inc.
Address
350 Commerce Dr
ZIP Code
02720-4746
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423920)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$39.8M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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