J BOATS, INC. (RI) - 2020 PPP Loan Borrower Profile (# 1850397301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to J BOATS, 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

1850397301

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$55,900

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$56,515.67

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

55,900

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

336612

Borrower Location

Newport, RI

Project Location

Newport, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.