# PPP loan: ERNEST GUIGLI & SONS, INC.
> **$1.42M** approved 04/04/2020 · Paid in Full · Loan `5052807003`
## Borrower
- **Name:** ERNEST GUIGLI & SONS, INC.
- **Address:** 10 Tech Circle, NATICK, MA, 01760-1029
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 80
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*