# PPP loan: A J SCALLOPING INC
> **$164K** approved 02/04/2021 · Paid in Full · Loan `2865278402`
## Borrower
- **Name:** A J SCALLOPING INC
- **Address:** 113 MacArthur Dr, New Bedford, MA, 02740-7276
- **NAICS:** 114112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 21
## Lender
- **Originating:** Fall River Five Cents Savings Bank d/b/a BankFive
- **Servicing:** Fall River Five Cents Savings Bank d/b/a BankFive (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*