ISLAND CARPET & FLOORCOVERING (RI) - 2020 PPP Loan Borrower Profile (# 5193217007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ISLAND CARPET & FLOORCOVERING. 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

5193217007

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$66,892

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$67,779.01

Date Loan was Forgiven

Aug 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

66,892

Lender

BankNewport

Business Detail

Business Type

Corporation

NAICS

442299

Borrower Location

MIDDLETOWN, RI

Project Location

MIDDLETOWN, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.