D&B MACHINING INC (RI) - 2020 PPP Loan Borrower Profile (# 1753198501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to D&B MACHINING 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

1753198501

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$510,890

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$518,439.82

Date Loan was Forgiven

Aug 9, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

510,885

Lender

BayCoast Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332999

Borrower Location

Cumberland, RI

Project Location

Cumberland, 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.