# PPP loan: BRIDGEPORT MAGNETICS GROUP INC
> **$257K** approved 04/27/2020 · Paid in Full · Loan `4320077208`
## Borrower
- **Name:** BRIDGEPORT MAGNETICS GROUP INC
- **Address:** 6 Waterview Dr, SHELTON, CT, 06484-4300
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*