# PPP loan: VINCENT PORCARO INC
> **$1.55M** approved 01/27/2021 · Paid in Full · Loan `6540348301`
## Borrower
- **Name:** VINCENT PORCARO INC
- **Address:** 100 Higginson Ave, Lincoln, RI, 02865-2735
- **NAICS:** 561910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.55M (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 263
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*