AGAR MACHINING & WELDING INC (RI) - 2020 PPP Loan Borrower Profile (# 5349737704)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AGAR MACHINING & WELDING 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
5349737704
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$156,837
Date Loan was Approved
May 1, 2020
Amount Forgiven
$158,044.43
Date Loan was Forgiven
Feb 10, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
156,837
Lender
Bank of America, National Association
Business Detail
Business Type
Corporation
NAICS
332710
Borrower Location
PAWTUCKET, RI
Project Location
PAWTUCKET, RI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
11
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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