BLOCK ISLAND MARITIME INSTITUTE (RI) - 2020 PPP Loan Borrower Profile (# 4332138206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLOCK ISLAND MARITIME INSTITUTE. 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

4332138206

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$35,000

Date Loan was Approved

Aug 6, 2020

Amount Forgiven

$35,215.83

Date Loan was Forgiven

Mar 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

35,000

Lender

The Washington Trust Company of Westerly

Business Detail

Business Type

Non-Profit Organization

NAICS

813212

Borrower Location

BLOCK ISLAND, RI

Project Location

BLOCK ISLAND, RI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.