# PPP loan: R T NUNES & SONS INC
> **$240K** approved 04/06/2020 · Paid in Full · Loan `6172917000`
## Borrower
- **Name:** R T NUNES & SONS INC
- **Address:** 41 Industrial Lane, WEST WARWICK, RI, 02893-3506
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 14
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*