AMERICAN ALARMS, INC (RI) - 2020 PPP Loan Borrower Profile (# 7127527410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ALARMS, 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

7127527410

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$106,000

Date Loan was Approved

May 15, 2020

Amount Forgiven

$85,165.66

Date Loan was Forgiven

Jan 19, 2022

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

106,000

Lender

Citizens Bank, National Association

Business Detail

Business Type

Corporation

NAICS

561621

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.