# PPP loan: BONNELL MOTORS INC.
> **$859K** approved 04/13/2020 · Paid in Full · Loan `4512017108`
## Borrower
- **Name:** BONNELL MOTORS INC.
- **Address:** 353 CAMBRIDGE ST, WINCHESTER, MA, 01890-2340
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $859K
- **Initial approval:** $859K
- **Forgiven:** $865K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $859K
- **Jobs reported:** 53
## Lender
- **Originating:** Winchester Co-Operative Bank
- **Servicing:** Winchester Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*