# PPP loan: RHODE ISLAND ENGINE CO. INC.
> **$287K** approved 01/28/2021 · Paid in Full · Loan `7743948309`
## Borrower
- **Name:** RHODE ISLAND ENGINE CO. INC.
- **Address:** 79 State St, Narragansett, RI, 02882-5712
- **NAICS:** 333618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** The Washington Trust Company of Westerly
- **Servicing:** The Washington Trust Company of Westerly (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*