# PPP loan: COLONIAL ELECTRONIC MANUFACTURERS INC
> **$454K** approved 02/03/2021 · Paid in Full · Loan `1978888410`
## Borrower
- **Name:** COLONIAL ELECTRONIC MANUFACTURERS INC
- **Address:** 1 Chestnut St, Nashua, NH, 03060-9302
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $458K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $454K
- **Jobs reported:** 42
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*