# PPP loan: NEW ENGLAND FIRE SYSTEMS, INC
> **$718K** approved 04/27/2020 · Paid in Full · Loan `3562357207`
## Borrower
- **Name:** NEW ENGLAND FIRE SYSTEMS, INC
- **Address:** 1256 W. CENTRAL ST, FRANKLIN, MA, 02038-3186
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $718K
- **Initial approval:** $718K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $718K
- **Jobs reported:** 60
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*