# PPP loan: MEQUODA SYSTEMS, LLC
> **$280K** approved 04/29/2020 · Paid in Full · Loan `2255007300`
## Borrower
- **Name:** MEQUODA SYSTEMS, LLC
- **Address:** 225 FRANKLIN ST 26th floor, BOSTON, MA, 02110-2853
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Mortgage interest:** $27K
- **Utilities:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*