# PPP loan: MASSACHUSETTS ENVELOPE COMPANY INC
> **$800K** approved 02/03/2021 · Paid in Full · Loan `2315908407`
## Borrower
- **Name:** MASSACHUSETTS ENVELOPE COMPANY INC
- **Address:** 30 Cobble Hill Rd, Somerville, MA, 02143-4412
- **NAICS:** 541870
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $802K (100%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $800K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*