1ST CHOICE RENTALS INC. (RI) - 2020 PPP Loan Borrower Profile (# 8749417204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE RENTALS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Rhode Island.

Loan Detail

Loan Number

8749417204

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$39,165

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$39,510.96

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,895.5

Payroll Proced

29,374

Mortgage Interest Proceed

4,895.5

Lender

Navigant CU

Business Detail

Business Type

Corporation

NAICS

442299

Borrower Location

WOONSOCKET, RI

Project Location

WOONSOCKET, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.