# PPP loan: FARIA BEEDE INSTRUMENTS INC.
> **$875K** approved 01/20/2021 · Paid in Full · Loan `2276368309`
## Borrower
- **Name:** FARIA BEEDE INSTRUMENTS INC.
- **Address:** 75 Frontage Rd, North Stonington, CT, 06359-1702
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $875K
- **Jobs reported:** 73
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*