# PPP loan: NEW ENGLAND DIE CUTTING, INC.
> **$577K** approved 04/03/2020 · Paid in Full · Loan `4387407009`
## Borrower
- **Name:** NEW ENGLAND DIE CUTTING, INC.
- **Address:** 96 MILK ST, METHUEN, MA, 01844-4620
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $576K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Jobs reported:** 65
## Lender
- **Originating:** Pentucket Bank
- **Servicing:** Pentucket Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*