# PPP loan: EVOLUTION WIRELESS INC.
> **$1.00M** approved 04/30/2020 · Paid in Full · Loan `6941247300`
## Borrower
- **Name:** EVOLUTION WIRELESS INC.
- **Address:** 879 Waterman Avenue, East Providence, RI, 02914
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Rent:** $250K
- **Jobs reported:** 190
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*