# PPP loan: SILVERTHREAD INC.
> **$230K** approved 02/25/2021 · Paid in Full · Loan `4458048503`
## Borrower
- **Name:** SILVERTHREAD INC.
- **Address:** 17 Prospect St, Newton, MA, 02465-2228
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 17
## 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*