CONTRACT SPECIALTIES INC (RI) - 2020 PPP Loan Borrower Profile (# 6244117203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CONTRACT SPECIALTIES 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

6244117203

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$105,322

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$106,343.04

Date Loan was Forgiven

Apr 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,021

Payroll Proced

84,258

Rent Proceed

14,043

Lender

Navigant CU

Business Detail

Business Type

Corporation

NAICS

339910

Borrower Location

PROVIDENCE, RI

Project Location

PROVIDENCE, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.