# PPP loan: ILLUNINOSS MEDICAL, INC.
> **$325K** approved 05/01/2020 · Paid in Full · Loan `8942737306`
## Borrower
- **Name:** ILLUNINOSS MEDICAL, INC.
- **Address:** 993 Waterman ave, EAST PROVIDENCE, RI, 02914
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $49K
- **Mortgage interest:** $16K
- **Jobs reported:** 15
## Lender
- **Originating:** Shoreham Bank
- **Servicing:** Shoreham Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*