# PPP loan: CABOT HERITAGE CORPORATION
> **$247K** approved 02/05/2021 · Paid in Full · Loan `3707938409`
## Borrower
- **Name:** CABOT HERITAGE CORPORATION
- **Address:** 176 North St, Salem, MA, 01970-1648
- **NAICS:** 511191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 14
## 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*