# PPP loan: COLETTAS DOWNTOWN AUTO SERVICE, INC.
> **$540K** approved 04/27/2020 · Paid in Full · Loan `4512197203`
## Borrower
- **Name:** COLETTAS DOWNTOWN AUTO SERVICE, INC.
- **Address:** 250 NIANTIC AVENUE, PROVIDENCE, RI, 02907-3120
- **NAICS:** 488410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Jobs reported:** 43
## 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*