# PPP loan: SCITUATE LUMBER INC
> **$286K** approved 04/15/2020 · Paid in Full · Loan `9616047103`
## Borrower
- **Name:** SCITUATE LUMBER INC
- **Address:** 622 DANIELSON PIKE, NORTH SCITUATE, RI, 02857-1513
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $38K
- **Utilities:** $19K
- **Jobs reported:** 27
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*