# PPP loan: H & L BLOOM INC
> **$1.74M** approved 04/10/2020 · Exemption 4 · Loan `1244687109`
## Borrower
- **Name:** H & L BLOOM INC
- **Address:** 28 GROSVENOR ST, TAUNTON, MA, 02780-2353
- **NAICS:** 485113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.48M (86%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $434K
- **Jobs reported:** 352
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*