# PPP loan: CHOATE BRIDGE PUB, INC.
> **$163K** approved 04/10/2020 · Paid in Full · Loan `2250857102`
## Borrower
- **Name:** CHOATE BRIDGE PUB, INC.
- **Address:** 1-3 Market Square, IPSWICH, MA, 01938
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 23
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*