DECASTRO FARMS INC (RI) - 2020 PPP Loan Borrower Profile (# 7447477102)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DECASTRO FARMS INC. 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
7447477102
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$62,200
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$62,724.87
Date Loan was Forgiven
Mar 1, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
62,200
Lender
BankNewport
Business Detail
Business Type
Corporation
NAICS
111150
Borrower Location
PORTSMOUTH, RI
Project Location
PORTSMOUTH, RI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.