1ST STOP AUTO (RI) - 2020 PPP Loan Borrower Profile (# 2779107100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST STOP AUTO. 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

2779107100

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$12,500

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$12,634.72

Date Loan was Forgiven

May 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,500

Lender

Bank Rhode Island

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

PROVIDENCE, RI

Project Location

PROVIDENCE, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.