ISLAND MANOR RESORT TRUST (RI) - 2020 PPP Loan Borrower Profile (# 6416147307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ISLAND MANOR RESORT TRUST. 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
6416147307
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$21,497
Date Loan was Approved
Apr 30, 2020
Amount Forgiven
$21,689
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
21,497
Lender
BankNewport

Business Detail

Business Type
Trust
NAICS
531190
Borrower Location
BLOCK ISLAND, RI
Project Location
BLOCK ISLAND, RI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.