# PPP loan: R. DUCHARME INC
> **$250K** approved 04/13/2020 · Paid in Full · Loan `4236007108`
## Borrower
- **Name:** R. DUCHARME INC
- **Address:** 451 MCKINSTRY AVE, CHICOPEE, MA, 01020-1101
- **NAICS:** 327310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 9
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*