BONNET SHORES BEACH CLUB ASSOC INC (RI) - 2020 PPP Loan Borrower Profile (# 8905977309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BONNET SHORES BEACH CLUB ASSOC 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

8905977309

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$50,283

Date Loan was Approved

May 1, 2020

Amount Forgiven

$50,626.6

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,284

Payroll Proced

37,715

Rent Proceed

6,284

Lender

Navigant CU

Business Detail

Business Type

Corporation

NAICS

813910

Borrower Location

NARRAGANSETT, RI

Project Location

NARRAGANSETT, RI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.