# PPP loan: SOUTHBRIDGE SHEET METAL WORKS, INC.
> **$408K** approved 04/03/2020 · Paid in Full · Loan `4412377005`
## Borrower
- **Name:** SOUTHBRIDGE SHEET METAL WORKS, INC.
- **Address:** 441 Main Street, STURBRIDGE, MA, 01566-1055
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Rent:** $11K
- **Utilities:** $20K
- **Health care:** $32K
- **Debt interest:** $9K
- **Jobs reported:** 36
## Lender
- **Originating:** Webster Five Cents Savings Bank
- **Servicing:** Webster Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*