ANCHOR SALES AND SERVICE INC (RI) - 2020 PPP Loan Borrower Profile (# 6764937108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANCHOR SALES AND SERVICE 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

6764937108

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$810,102

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$817,692.54

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

810,102

Lender

Bank of America, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

NORTH SMITHFIELD, RI

Project Location

NORTH SMITHFIELD, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.