# PPP loan: SONS MARINE & INDUSTRIAL, INC
> **$1.12M** approved 04/04/2020 · Paid in Full · Loan `4608887007`
## Borrower
- **Name:** SONS MARINE & INDUSTRIAL, INC
- **Address:** 566 Wilbur Avenue, SWANSEA, MA, 02777-2127
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.04M (93%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 83
## Lender
- **Originating:** Fall River Five Cents Savings Bank d/b/a BankFive
- **Servicing:** Fall River Five Cents Savings Bank d/b/a BankFive (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*