Newport Biodiesel Inc.
$650,115 PPP Loan in Newport, Rhode Island
Loan Details
- Loan Number
- 5888538306
- Date Approved
- Jan 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $650,115
- Current Approval
- $650,115
- Forgiveness Amount
- $654,354
- Forgiveness Date
- Oct 4, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Newport Biodiesel Inc.
- Address
- 312 Connell Hwy
- City
- Newport
- State
- Rhode Island
- ZIP Code
- 02840-6005
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (324110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $38.7M
- Rural/Urban
- Urban
- Congressional District
- RI-01
Loan Use Breakdown
- Payroll
- $650,115
Lender Information
- Servicing Lender
- Webster Bank National Association
- Originating Lender
- Webster Bank National Association
Other PPP Loans in Newport, RI
| Business | Approved | |
|---|---|---|
| East Bay Community Action Program | $3,983,937 |  AI Deep Dive |
| Preservation Society of Newport County | $2,733,100 | AI Deep Dive |
| Ginri Assets, LLC | $2,490,300 | AI Deep Dive |
| Ginri Assets LLC | $2,000,000 | AI Deep Dive |
| The Preservation Society of Newport County | $2,000,000 | AI Deep Dive |
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