ALES INC. (RI) - 2020 PPP Loan Borrower Profile (# 9449447804)

Updated on April 18, 2025.

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

9449447804

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$37,475

Date Loan was Approved

Jun 8, 2020

Amount Forgiven

$37,827.89

Date Loan was Forgiven

May 24, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

37,475

Lender

The Washington Trust Company of Westerly

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

NORTH SCITUATE, RI

Project Location

NORTH SCITUATE, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.