ALAN BAINES INC (RI) - 2020 PPP Loan Borrower Profile (# 4452158609)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAN BAINES 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

4452158609

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$25,120

Date Loan was Approved

Mar 18, 2021

Amount Forgiven

$20,958

Date Loan was Forgiven

Oct 28, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

25,120

Lender

BankNewport

Business Detail

Business Type

Corporation

NAICS

441222

Borrower Location

Newport, RI

Project Location

Newport, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.