ECHO ASSOCIATES, INC. (RI) - 2020 PPP Loan Borrower Profile (# 5394317205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ECHO ASSOCIATES, 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
5394317205
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$30,422
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$30,610.45
Date Loan was Forgiven
Dec 10, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,028
Payroll Proced
24,338
Mortgage Interest Proceed
4,056
Lender
Navigant CU

Business Detail

Business Type
Corporation
NAICS
236118
Borrower Location
CHEPACHET, RI
Project Location
CHEPACHET, RI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.