CARPIONATO PROPERTIES INC. (RI) - 2020 PPP Loan Borrower Profile (# 4699347101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARPIONATO PROPERTIES 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

4699347101

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$351,000

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$354,617.25

Date Loan was Forgiven

Apr 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

37,750

Payroll Proced

263,250

Rent Proceed

50,000

Lender

Centreville Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

531190

Borrower Location

JOHNSTON, RI

Project Location

JOHNSTON, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.