BALTIC BOAT WORKS LLC (RI) - 2020 PPP Loan Borrower Profile (# 7713088408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BALTIC BOAT WORKS LLC. 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

7713088408

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$30,202

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$30,454.37

Date Loan was Forgiven

Dec 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

30,200

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

336612

Borrower Location

Newport, RI

Project Location

Newport, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.