CTE SAILING LLC (RI) - 2020 PPP Loan Borrower Profile (# 4990588410)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CTE SAILING LLC. The PPP program 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
4990588410
SBA Office Code
0165
Processing Method
PPS
Curent Loan Amount
$20,832.5
Date Loan was Approved
Feb 7, 2021
Amount Forgiven
$20,979.75
Date Loan was Forgiven
Oct 26, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
20,832.5
Lender
BankNewport
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
812990
Borrower Location
Barrington, RI
Project Location
Barrington, RI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.