# PPP loan: W. P. FIRST CO., INC.
> **$616K** approved 04/03/2020 · Paid in Full · Loan `4396387007`
## Borrower
- **Name:** W. P. FIRST CO., INC.
- **Address:** 90 paramount drive, RAYNHAM, MA, 02767-1001
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Rent:** $83K
- **Utilities:** $44K
- **Health care:** $30K
- **Jobs reported:** 104
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*