# PPP loan: FEDERAL FABRICS-FIBERS INC
> **$315K** approved 04/13/2020 · Paid in Full · Loan `4447817104`
## Borrower
- **Name:** FEDERAL FABRICS-FIBERS INC
- **Address:** 45 WEST ADAMS ST, LOWELL, MA, 01851-1331
- **NAICS:** 313230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Jobs reported:** 23
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*