# PPP loan: JIM DORSEY & SONS, INC
> **$231K** approved 04/04/2020 · Paid in Full · Loan `4838467005`
## Borrower
- **Name:** JIM DORSEY & SONS, INC
- **Address:** 82 INGELL ST, TAUNTON, MA, 02780-3507
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $10K
- **Utilities:** $900
- **Health care:** $14K
- **Debt interest:** $2K
- **Jobs reported:** 24
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*