# PPP loan: PMS MANUFACTURED PRODUCTS, INC.
> **$160K** approved 04/05/2020 · Paid in Full · Loan `5267127008`
## Borrower
- **Name:** PMS MANUFACTURED PRODUCTS, INC.
- **Address:** 10 Sadler Street Ext, GLOUCESTER, MA, 01930-2955
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 16
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*