# PPP loan: BEMIS ASSOCIATES INC.
> **$4.71M** approved 04/15/2020 · Paid in Full · Loan `1421767209`
## Borrower
- **Name:** BEMIS ASSOCIATES INC.
- **Address:** 1 Bemis Way, Shirley, MA, 01464
- **NAICS:** 325520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.71M
- **Initial approval:** $4.71M
- **Forgiven:** $4.76M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Utilities:** $10K
- **Health care:** $700K
- **Jobs reported:** 400
## Lender
- **Originating:** Main Street Bank
- **Servicing:** Main Street Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*