CERRONI'S SERVICE CENTER INC. (RI) - 2020 PPP Loan Borrower Profile (# 1580797106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CERRONI'S SERVICE CENTER 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

1580797106

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$59,300

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$59,946.61

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

59,300

Lender

BankNewport

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

SMITHFIELD, RI

Project Location

SMITHFIELD, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.