# PPP loan: CRANDALL & COMPANY, INC.
> **$556K** approved 04/04/2020 · Paid in Full · Loan `4926657003`
## Borrower
- **Name:** CRANDALL & COMPANY, INC.
- **Address:** 20 GARDEN ST, DANVERS, MA, 01923-1431
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $556K
- **Initial approval:** $591K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Jobs reported:** 41
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*