# PPP loan: MARTONE SERVICE CO INC
> **$293K** approved 03/16/2021 · Paid in Full · Loan `3361108605`
## Borrower
- **Name:** MARTONE SERVICE CO INC
- **Address:** 22 Sextant Ln 22 Sextant Lane, Narragansett, RI, 02882-1171
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $293K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*