# PPP loan: SQUADLOCKER INC.
> **$1.55M** approved 02/04/2021 · Paid in Full · Loan `3254658404`
## Borrower
- **Name:** SQUADLOCKER INC.
- **Address:** 240 Bald Hill Rd, Warwick, RI, 02886-1126
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 132
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*