# PPP loan: BOISSONNEAULT ELECTRIC CORP.
> **$197K** approved 02/23/2021 · Paid in Full · Loan `3402028504`
## Borrower
- **Name:** BOISSONNEAULT ELECTRIC CORP.
- **Address:** 36 Chuck Dr, Dracut, MA, 01826-2613
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*