AVTECH INC (RI) - 2020 PPP Loan Borrower Profile (# 9594587807)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AVTECH 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

9594587807

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$124,625

Date Loan was Approved

Jun 8, 2020

Amount Forgiven

$125,912.22

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

93,468.75

Rent Proceed

31,156.25

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

453998

Borrower Location

Middletown, RI

Project Location

Middletown, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.