# PPP loan: P&E MICROCOMPUTER SYSTEMS INC.
> **$357K** approved 01/23/2021 · Paid in Full · Loan `4650168308`
## Borrower
- **Name:** P&E MICROCOMPUTER SYSTEMS INC.
- **Address:** 98 Galen St # 2, Watertown, MA, 02472-4502
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 24
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*