# PPP loan: URELL, INC
> **$1.50M** approved 04/13/2020 · Paid in Full · Loan `4240137104`
## Borrower
- **Name:** URELL, INC
- **Address:** 86 Coolidge Ave, WATERTOWN, MA, 02472-2815
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $2.25M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 72
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*