# PPP loan: ASSOCIATED ELECTRO-MECHANICS I
> **$751K** approved 01/23/2021 · Paid in Full · Loan `4839228306`
## Borrower
- **Name:** ASSOCIATED ELECTRO-MECHANICS I
- **Address:** 185 Rowland St, Springfield, MA, 01107-1012
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $751K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*