# PPP loan: FAILURE ANALYSIS & PREVENTION, INC.
> **$238K** approved 04/07/2020 · Paid in Full · Loan `7187547004`
## Borrower
- **Name:** FAILURE ANALYSIS & PREVENTION, INC.
- **Address:** 85 COMMERCE PARK RD, NORTH KINGSTOWN, RI, 02852-8420
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*