# PPP loan: FERRARI POOLS & PATIOS INC
> **$329K** approved 04/04/2020 · Paid in Full · Loan `4622897006`
## Borrower
- **Name:** FERRARI POOLS & PATIOS INC
- **Address:** 29 WASHINGTON ST, WESTBOROUGH, MA, 01581-1012
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $478K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 19
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*