# PPP loan: LOTHROP COMPANIES INC.
> **$163K** approved 04/15/2020 · Paid in Full · Loan `2179367202`
## Borrower
- **Name:** LOTHROP COMPANIES INC.
- **Address:** 30 Winter St, MALDEN, MA, 02148
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 18
## Lender
- **Originating:** Hanscom FCU
- **Servicing:** Hanscom FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*