# PPP loan: PARENTE'S OIL SERVICE, INC.
> **$257K** approved 05/14/2020 · Paid in Full · Loan `6389557403`
## Borrower
- **Name:** PARENTE'S OIL SERVICE, INC.
- **Address:** 770 Washington Street, COVENTRY, RI, 02816
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 13
## 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*