# PPP loan: IMEC INC.
> **$178K** approved 01/22/2021 · Paid in Full · Loan `3552028303`
## Borrower
- **Name:** IMEC INC.
- **Address:** 135 Barnum Rd, Devens, MA, 01434-3509
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 9
## 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*