# PPP loan: NATIONAL PAYROLL SERVICES INC.
> **$618K** approved 02/18/2021 · Paid in Full · Loan `1087738505`
## Borrower
- **Name:** NATIONAL PAYROLL SERVICES INC.
- **Address:** 1 Middle St, Portsmouth, NH, 03801-4391
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $436K (71%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $618K
- **Utilities:** $1
- **Jobs reported:** 167
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*