# PPP loan: NOLIN ELECTRIC INC.
> **$230K** approved 01/21/2021 · Paid in Full · Loan `2599668310`
## Borrower
- **Name:** NOLIN ELECTRIC INC.
- **Address:** 82 Stamp Farm Rd, Cranston, RI, 02921-3400
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 10
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*