Valenti's of Westerly, Inc.

$634,540 PPP Loan in Westerly, Rhode Island

Loan Details

Loan Number
8764077000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$634,540
Current Approval
$634,540
Forgiveness Amount
$638,886
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valenti's of Westerly, Inc.
Address
6 Langworthy Rd
ZIP Code
02891-3908
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
RI-02

Loan Use Breakdown

Payroll
$507,632
Rent
$63,454
Utilities
$63,454

Lender Information

Servicing Lender
Chelsea Groton Bank
Originating Lender
Chelsea Groton Bank

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