Newport Electric Construction Corp
$822,900 PPP Loan in Portsmouth, Rhode Island
Loan Details
- Loan Number
- 5098467003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $822,900
- Current Approval
- $601,034
- Forgiveness Amount
- $606,731
- Forgiveness Date
- Apr 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newport Electric Construction Corp
- Address
- 200 Highpoint Ave, B12
- City
- Portsmouth
- State
- Rhode Island
- ZIP Code
- 02871
- 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
- $601,034
Lender Information
- Servicing Lender
- Banknewport
- Originating Lender
- Banknewport
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