ADAM VIII INC. (RI) - 2020 PPP Loan Borrower Profile (# 5002667000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM VIII 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
5002667000
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$53,000
Date Loan was Approved
Apr 4, 2020
Amount Forgiven
$53,494.67
Date Loan was Forgiven
Mar 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
53,000
Lender
The Washington Trust Company of Westerly

Business Detail

Business Type
Corporation
NAICS
999990
Borrower Location
CUMBERLAND, RI
Project Location
CUMBERLAND, RI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.