# PPP loan: NOWSPEED, INC.
> **$231K** approved 04/27/2020 · Paid in Full · Loan `4401917202`
## Borrower
- **Name:** NOWSPEED, INC.
- **Address:** 200 FRIBERG PKWY, WESTBOROUGH, MA, 01581-3999
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $46K
- **Jobs reported:** 15
## Lender
- **Originating:** St. Mary's CU
- **Servicing:** St. Mary's CU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*