COX ELECTRIC LLC (RI) - 2020 PPP Loan Borrower Profile (# 2470847406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COX ELECTRIC LLC. 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

2470847406

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$175,000

Date Loan was Approved

May 6, 2020

Amount Forgiven

$176,443.75

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

175,000

Lender

Axos Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

North Kingstown, RI

Project Location

North Kingstown, RI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.