ADOPTION RHODE ISLAND (RI) - 2020 PPP Loan Borrower Profile (# 5878077005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADOPTION RHODE ISLAND. 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

5878077005

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$333,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$238,989.22

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

333,000

Lender

Bank Rhode Island

Business Detail

Business Type

Non-Profit Organization

NAICS

624110

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.