# PPP loan: CIMINI AND ASSOCIATES INC
> **$520K** approved 04/30/2020 · Exemption 4 · Loan `5560527303`
## Borrower
- **Name:** CIMINI AND ASSOCIATES INC
- **Address:** 46 Airport Road, Westerly, RI, 02891
- **NAICS:** 331491
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $405K (78%)
- **Forgiveness date:** 05/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $520K
- **Jobs reported:** 34
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*