# PPP loan: FORTY 1 NORTH LLC
> **$483K** approved 06/23/2020 · Paid in Full · Loan `1953158004`
## Borrower
- **Name:** FORTY 1 NORTH LLC
- **Address:** 351 THAMES ST, NEWPORT, RI, 02840-6654
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 52
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*