# PPP loan: GROUND EFFECTS LANDSCAPING
> **$278K** approved 01/23/2021 · Exemption 4 · Loan `4520488301`
## Borrower
- **Name:** GROUND EFFECTS LANDSCAPING
- **Address:** 68 Main St, Carver, MA, 02330-1347
- **NAICS:** 561730
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $226K (81%)
- **Forgiveness date:** 06/16/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** The Cooperative Bank of Cape Cod
- **Servicing:** The Cooperative Bank of Cape Cod (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*