Chelo's of Newport Avenue INC

$189,600 PPP Loan in Rumford, Rhode Island

Loan Details

Loan Number
9053717305
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$189,600
Current Approval
$189,600
Forgiveness Amount
$190,914
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chelo's of Newport Avenue INC
Address
45 Newport Avenue
ZIP Code
02916
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$189,600

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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