# PPP loan: SANOCO, INC.
> **$1.04M** approved 04/10/2020 · Paid in Full · Loan `1296047107`
## Borrower
- **Name:** SANOCO, INC.
- **Address:** 101 CORLISS ST, PROVIDENCE, RI, 02904-2614
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 100
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*