# PPP loan: RANDOLPH ENGINEERING INC.
> **$673K** approved 02/24/2021 · Paid in Full · Loan `3956558501`
## Borrower
- **Name:** RANDOLPH ENGINEERING INC.
- **Address:** 26 Thomas Patten Dr, Randolph, MA, 02368-3902
- **NAICS:** 339115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $673K
- **Jobs reported:** 65
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*