Central Tools, Inc.

$244,000 PPP Loan in Cranston, Rhode Island

Loan Details

Loan Number
5835417109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$244,000
Current Approval
$244,000
Forgiveness Amount
$245,701
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Tools, Inc.
Address
456 Wellington Ave
ZIP Code
02910-2900
Business Type
Corporation
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
RI-02

Loan Use Breakdown

Payroll
$218,000
Rent
$6,500
Utilities
$6,500
Health Care
$6,500
Debt Interest
$6,500

Lender Information

Servicing Lender
Bristol County Savings Bank
Originating Lender
Bristol County Savings Bank

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