# PPP loan: SARMENTO ENTERPRISES INC.
> **$236K** approved 04/10/2020 · Paid in Full · Loan `1887337102`
## Borrower
- **Name:** SARMENTO ENTERPRISES INC.
- **Address:** 377 TAUNTON AVE, EAST PROVIDENCE, RI, 02914-2632
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Jobs reported:** 25
## Lender
- **Originating:** Avidia Bank
- **Servicing:** Avidia Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*