BARRY'S AUTO GROUP INC. (RI) - 2020 PPP Loan Borrower Profile (# 1840448306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARRY'S AUTO GROUP 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

1840448306

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$409,000

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$411,510.81

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

408,997

Lender

Mechanics Cooperative Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

Newport, RI

Project Location

Newport, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.