# PPP loan: HERB CHAMBERS I-93 INC
> **$1.61M** approved 04/13/2020 · Paid in Full · Loan `4663117100`
## Borrower
- **Name:** HERB CHAMBERS I-93 INC
- **Address:** 259 McGrath Hwy, SOMERVILLE, MA, 02143-2190
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 114
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*