CONNEAUT INDUSTRIES INC (RI) - 2020 PPP Loan Borrower Profile (# 7484848308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CONNEAUT INDUSTRIES 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

7484848308

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$529,372

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$535,042.81

Date Loan was Forgiven

Feb 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

529,367

Lender

Bank of America, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

313110

Borrower Location

West Greenwich, RI

Project Location

West Greenwich, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.