DOUGLAS CONSTRUCTION & SUPPLY CO (RI) - 2020 PPP Loan Borrower Profile (# 6154127104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DOUGLAS CONSTRUCTION & SUPPLY CO. 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

6154127104

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$307,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$309,802.62

Date Loan was Forgiven

Dec 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

38,462

Payroll Proced

230,776

Rent Proceed

38,462

Lender

Navigant CU

Business Detail

Business Type

Subchapter S Corporation

NAICS

236210

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.