# PPP loan: ENERGY AND RESOURCE SOLUTIONS, INC.
> **$1.61M** approved 04/27/2020 · Paid in Full · Loan `3890557207`
## Borrower
- **Name:** ENERGY AND RESOURCE SOLUTIONS, INC.
- **Address:** 120 WATER ST Suite 350, NORTH ANDOVER, MA, 01845-2648
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 78
## Lender
- **Originating:** Wakefield Co-Operative Bank
- **Servicing:** Wakefield Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*