ART-VAC CORP (RI) - 2020 PPP Loan Borrower Profile (# 4396307005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ART-VAC CORP. 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

4396307005

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$230,500

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$232,049.47

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,500

Payroll Proced

173,000

Rent Proceed

42,000

Lender

Navigant CU

Business Detail

Business Type

Subchapter S Corporation

NAICS

339910

Borrower Location

LINCOLN, RI

Project Location

LINCOLN, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.