# PPP loan: A.L. SPENCER INC.
> **$575K** approved 04/10/2020 · Paid in Full · Loan `2350977100`
## Borrower
- **Name:** A.L. SPENCER INC.
- **Address:** 555 PLEASANT ST, ATTLEBORO, MA, 02703-2400
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 125
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*