# PPP loan: DRY ZONE BASEMENT SYSTEMS, INC.
> **$380K** approved 04/05/2020 · Paid in Full · Loan `5149337000`
## Borrower
- **Name:** DRY ZONE BASEMENT SYSTEMS, INC.
- **Address:** 850 Bedford St, BRIDGEWATER, MA, 02324-3010
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Rent:** $30K
- **Utilities:** $3K
- **Health care:** $15K
- **Jobs reported:** 30
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*