ALLIED INDUSTRIAL GROUP INC (RI) - 2020 PPP Loan Borrower Profile (# 5291517007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED INDUSTRIAL GROUP 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

5291517007

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$321,500

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$323,750.5

Date Loan was Forgiven

Dec 28, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

242,000

Mortgage Interest Proceed

69,500

Lender

Centreville Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

339112

Borrower Location

CRANSTON, RI

Project Location

CRANSTON, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.