# PPP loan: OXBOW ASSOCIATES INC.
> **$157K** approved 05/07/2020 · Paid in Full · Loan `3429757406`
## Borrower
- **Name:** OXBOW ASSOCIATES INC.
- **Address:** 629 MASSACHUSETTS AVE #201, BOXBOROUGH, MA, 01719-1528
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $37K
- **Utilities:** $540
- **Jobs reported:** 8
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*