# PPP loan: R.E. ERICKSON CO., INC.
> **$158K** approved 04/05/2020 · Paid in Full · Loan `5404637005`
## Borrower
- **Name:** R.E. ERICKSON CO., INC.
- **Address:** 595 PROVIDENCE HWY, WALPOLE, MA, 02081-4230
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $13K
- **Utilities:** $3K
- **Jobs reported:** 11
## Lender
- **Originating:** Bluestone Bank
- **Servicing:** Bluestone Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*