# PPP loan: LONG ACRE INC
> **$228K** approved 04/04/2020 · Paid in Full · Loan `4948417002`
## Borrower
- **Name:** LONG ACRE INC
- **Address:** 179 MAIN ST, ASHLAND, MA, 01721-1153
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $227K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 35
## Lender
- **Originating:** Needham Bank
- **Servicing:** Needham Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*