# PPP loan: MINCO DEVELOPMENT CORPORATION
> **$159K** approved 02/23/2021 · Paid in Full · Loan `3234618504`
## Borrower
- **Name:** MINCO DEVELOPMENT CORPORATION
- **Address:** 231 Sutton St Ste 1B, North Andover, MA, 01845-1620
- **NAICS:** 531320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Pentucket Bank
- **Servicing:** Pentucket Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*