# PPP loan: ALFRED F DESCENZA & SON INC
> **$698K** approved 04/09/2020 · Paid in Full · Loan `1020387103`
## Borrower
- **Name:** ALFRED F DESCENZA & SON INC
- **Address:** 387 Washington St, SCITUATE, MA, 02066
- **NAICS:** 448310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $705K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $698K
- **Jobs reported:** 48
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*