# PPP loan: CREDENCE GROUP CORPORATION
> **$447K** approved 02/02/2021 · Paid in Full · Loan `1877058409`
## Borrower
- **Name:** CREDENCE GROUP CORPORATION
- **Address:** 894 Liberty St Unit 9, Braintree, MA, 02184-7369
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $447K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*