# PPP loan: PROCESS COOLING SYSTEMS INC.
> **$1.09M** approved 01/20/2021 · Paid in Full · Loan `2410128309`
## Borrower
- **Name:** PROCESS COOLING SYSTEMS INC.
- **Address:** 800 Research Dr, Leominster, MA, 01453-5274
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 69
## Lender
- **Originating:** I-C FCU
- **Servicing:** I-C FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*