# PPP loan: FERNANDES MASONRY, INC
> **$1.50M** approved 04/11/2020 · Paid in Full · Loan `3008347109`
## Borrower
- **Name:** FERNANDES MASONRY, INC
- **Address:** 1031 PHILLIPS RD, NEW BEDFORD, MA, 02745-1701
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 103
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*