# PPP loan: BOWERMAN ASSOCIATES, INC.
> **$199K** approved 04/03/2020 · Paid in Full · Loan `4345177003`
## Borrower
- **Name:** BOWERMAN ASSOCIATES, INC.
- **Address:** 1 RICHMOND SQ 220E, PROVIDENCE, RI, 02906-5121
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 11/18/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $20K
- **Health care:** $30K
- **Jobs reported:** 13
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*