# PPP loan: AMERICAN FOAM CORPORATION
> **$322K** approved 06/10/2020 · Paid in Full · Loan `1539697904`
## Borrower
- **Name:** AMERICAN FOAM CORPORATION
- **Address:** 61 JOHN ST, JOHNSTON, RI, 02919-6210
- **NAICS:** 313310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $22K
- **Jobs reported:** 30
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*