CAVANAGH MARINE, INC. (RI) - 2020 PPP Loan Borrower Profile (# 3986087300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CAVANAGH MARINE, 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

3986087300

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$45,180

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$45,613.23

Date Loan was Forgiven

Apr 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

45,180

Lender

Santander Bank, National Association

Business Detail

Business Type

Corporation

NAICS

713930

Borrower Location

Tiverton, RI

Project Location

Tiverton, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.