BUTERA BUILDING LLC (RI) - 2020 PPP Loan Borrower Profile (# 7490818404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BUTERA BUILDING 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

7490818404

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$182,502.5

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$172,073.97

Date Loan was Forgiven

Mar 23, 2023

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

182,501.5

Lender

BankNewport

Business Detail

Business Type

Corporation

NAICS

236115

Borrower Location

Riverside, RI

Project Location

Riverside, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.