ALANACADABRA INC (RI) - 2020 PPP Loan Borrower Profile (# 1519978501)

Updated on April 18, 2025.

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

1519978501

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$26,231

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$26,373.29

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

26,231

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

512110

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.