# PPP loan: HEAT TRACE PRODUCTS LLC
> **$306K** approved 02/18/2021 · Paid in Full · Loan `1001728502`
## Borrower
- **Name:** HEAT TRACE PRODUCTS LLC
- **Address:** 233 Florence St, Leominster, MA, 01453-4409
- **NAICS:** 335931
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*