# PPP loan: R. BATES & SONS, INC.
> **$334K** approved 04/27/2020 · Paid in Full · Loan `4846867203`
## Borrower
- **Name:** R. BATES & SONS, INC.
- **Address:** 140 PRATTS JUNCTION RD STE 101, STERLING, MA, 01564-2375
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 12
## Lender
- **Originating:** Avidia Bank
- **Servicing:** Avidia Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*