# PPP loan: SAMCORT INC
> **$292K** approved 04/10/2021 · Paid in Full · Loan `1481648805`
## Borrower
- **Name:** SAMCORT INC
- **Address:** 26 Almy St, Newport, RI, 02840-1810
- **NAICS:** 492210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (100%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 12
## Lender
- **Originating:** Fall River Five Cents Savings Bank d/b/a BankFive
- **Servicing:** Fall River Five Cents Savings Bank d/b/a BankFive (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*