# PPP loan: SAGAMORE SALES AND MARKETING, INC.
> **$505K** approved 04/05/2020 · Paid in Full · Loan `5380347006`
## Borrower
- **Name:** SAGAMORE SALES AND MARKETING, INC.
- **Address:** 569 Main Street, Suite 201, WARREN, RI, 02885-4315
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 40
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*