AMERICAN RING CO., INC. (RI) - 2020 PPP Loan Borrower Profile (# 7000997000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN RING CO., 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

7000997000

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$273,500

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$276,751.61

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

273,500

Lender

Bank Rhode Island

Business Detail

Business Type

Subchapter S Corporation

NAICS

339910

Borrower Location

EAST PROVIDENCE, RI

Project Location

EAST PROVIDENCE, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.