# PPP loan: THORNDIKE CONSTRUCTION CORP
> **$527K** approved 04/03/2020 · Paid in Full · Loan `4452307000`
## Borrower
- **Name:** THORNDIKE CONSTRUCTION CORP
- **Address:** 8 PLEASANT ST Suite A-2, NATICK, MA, 01760-5622
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $440K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Rent:** $12K
- **Utilities:** $700
- **Health care:** $16K
- **Debt interest:** $98K
- **Jobs reported:** 33
## 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*