BAY CRANE NORTHEAST LLC (RI) - 2020 PPP Loan Borrower Profile (# 2555127107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAY CRANE NORTHEAST 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

2555127107

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$1,476,792

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$1,492,995.69

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,476,792

Lender

Valley National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

532490

Borrower Location

SMITHFIELD, RI

Project Location

SMITHFIELD, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.