# PPP loan: SNECS, LLC
> **$200K** approved 04/14/2020 · Paid in Full · Loan `6456007109`
## Borrower
- **Name:** SNECS, LLC
- **Address:** 70 WOODLAND RD, NORTH SMITHFIELD, RI, 02896-8204
- **NAICS:** 518210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 16
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*