BETASPRING, LLC (RI) - 2020 PPP Loan Borrower Profile (# 7731637001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BETASPRING, 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
7731637001
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$92,500
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$93,663.96
Date Loan was Forgiven
Jul 27, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
92,500
Lender
Coastal1 Credit Union

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
541613
Borrower Location
PROVIDENCE, RI
Project Location
PROVIDENCE, RI
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.