# PPP loan: FEMBSTED INC.
> **$578K** approved 02/24/2021 · Paid in Full · Loan `3724898510`
## Borrower
- **Name:** FEMBSTED INC.
- **Address:** 23 Main St, Northampton, MA, 01060-1469
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $578K
- **Initial approval:** $578K
- **Forgiven:** $582K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $578K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Greenfield Co-Operative Bank
- **Servicing:** Greenfield Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*