# PPP loan: J.G. MACHINE CO., INC.
> **$164K** approved 04/27/2020 · Paid in Full · Loan `5262117202`
## Borrower
- **Name:** J.G. MACHINE CO., INC.
- **Address:** 7 SULLIVAN ST, WOBURN, MA, 01801
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 11
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*