# PPP loan: RHODE ISLAND TELEPHONE INC
> **$154K** approved 04/08/2020 · Paid in Full · Loan `8670777008`
## Borrower
- **Name:** RHODE ISLAND TELEPHONE INC
- **Address:** 175 METRO CENTER BLVD Suite 10, WARWICK, RI, 02886-1748
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 12
## 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*