# PPP loan: GUIDANCE FISHING CORP
> **$175K** approved 06/28/2020 · Paid in Full · Loan `5384708000`
## Borrower
- **Name:** GUIDANCE FISHING CORP
- **Address:** 113 MACARTHUR DR, NEW BEDFORD, MA, 02740-7217
- **NAICS:** 114112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $164K (94%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 10
## Lender
- **Originating:** Fall River Five Cents Savings Bank d/b/a BankFive
- **Servicing:** Fall River Five Cents Savings Bank d/b/a BankFive (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*