# PPP loan: FAY LAW ASSOCIATES INC
> **$298K** approved 02/03/2021 · Paid in Full · Loan `2215138404`
## Borrower
- **Name:** FAY LAW ASSOCIATES INC
- **Address:** 917 Reservoir Ave, Cranston, RI, 02910-4436
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 22
## 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*