# PPP loan: THIELSCH ENGINEERING, INC.
> **$4.54M** approved 04/28/2020 · Paid in Full · Loan `8828077207`
## Borrower
- **Name:** THIELSCH ENGINEERING, INC.
- **Address:** 195 FRANCES AVE, CRANSTON, RI, 02910-2211
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.54M
- **Initial approval:** $4.54M
- **Forgiven:** $4.58M (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.54M
- **Jobs reported:** 347
## 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*