AMERICAN PAYROLL SERVICE LTD (RI) - 2020 PPP Loan Borrower Profile (# 5285767702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PAYROLL SERVICE LTD. 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

5285767702

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$134,845

Date Loan was Approved

May 1, 2020

Amount Forgiven

$135,727.96

Date Loan was Forgiven

Dec 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

134,845

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

541214

Borrower Location

Johnston, RI

Project Location

Johnston, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.