# PPP loan: NEW ENGLAND CLAMBAKE INC
> **$467K** approved 02/04/2021 · Paid in Full · Loan `3134588402`
## Borrower
- **Name:** NEW ENGLAND CLAMBAKE INC
- **Address:** 752 Main St, Osterville, MA, 02655-1904
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $467K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** The Cooperative Bank of Cape Cod
- **Servicing:** The Cooperative Bank of Cape Cod (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*