ALPHA MGMT LLC (RI) - 2020 PPP Loan Borrower Profile (# 1611348405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA MGMT LLC. 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

1611348405

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$47,300

Date Loan was Approved

Feb 2, 2021

Amount Forgiven

$47,563.07

Date Loan was Forgiven

Aug 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

47,300

Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531311

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.