# PPP loan: SPAULDING BRICK CO
> **$671K** approved 04/04/2020 · Paid in Full · Loan `4616737008`
## Borrower
- **Name:** SPAULDING BRICK CO
- **Address:** 5 LOPEZ RD, WILMINGTON, MA, 01887-2563
- **NAICS:** 327331
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 04/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Rent:** $84K
- **Utilities:** $84K
- **Jobs reported:** 28
## Lender
- **Originating:** The Bank of Canton
- **Servicing:** The Bank of Canton (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*