# PPP loan: ARCHER CORPORATION
> **$2.15M** approved 04/13/2020 · Paid in Full · Loan `4947207105`
## Borrower
- **Name:** ARCHER CORPORATION
- **Address:** 349 Washington St., Malden, MA, 02148
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.15M
- **Initial approval:** $2.15M
- **Forgiven:** $2.08M (97%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.15M
- **Jobs reported:** 63
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*