# PPP loan: DONOVAN & SONS INC
> **$419K** approved 02/19/2021 · Paid in Full · Loan `2016188503`
## Borrower
- **Name:** DONOVAN & SONS INC
- **Address:** 613 Aquidneck Ave, Middletown, RI, 02842-5619
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $419K
- **Jobs reported:** 29
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*