Texcel Industries INC
$378,900 PPP Loan in Cumberland, Rhode Island
Loan Details
- Loan Number
- 8143767003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $378,900
- Current Approval
- $378,900
- Forgiveness Amount
- $381,463
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Texcel Industries INC
- Address
- 18 Meeting St
- City
- Cumberland
- State
- Rhode Island
- ZIP Code
- 02864-8323
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (313220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $14.1M
- Rural/Urban
- Urban
- Congressional District
- RI-01
Loan Use Breakdown
- Payroll
- $304,000
- Utilities
- $20,900
- Health Care
- $34,000
- Mortgage Interest
- $20,000
Lender Information
- Servicing Lender
- Bristol County Savings Bank
- Originating Lender
- Bristol County Savings Bank
Other PPP Loans in Cumberland, RI
| Business | Approved | |
|---|---|---|
| Jh Lynch & Sons INC | $4,306,270 | |
| Rhode Island Mayoral Academy Blackstone Valley | $4,184,300 | |
| Ci Holdingscorp | $2,973,562 | |
| Hart Engineering Corporation | $2,765,600 | |
| Narragansett Bay Anesthesia LLC | $1,344,000 |
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