# PPP loan: T.E. ANDRESEN, INC.
> **$267K** approved 04/04/2020 · Paid in Full · Loan `4608127002`
## Borrower
- **Name:** T.E. ANDRESEN, INC.
- **Address:** 14 FANARAS DR, SALISBURY, MA, 01952-1443
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $267K
- **Initial approval:** $279K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 26
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*