# PPP loan: MANLO ENTERPRISES INC.
> **$260K** approved 04/05/2020 · Paid in Full · Loan `5530987006`
## Borrower
- **Name:** MANLO ENTERPRISES INC.
- **Address:** 147 THOMPSON RD, WEBSTER, MA, 01570-2063
- **NAICS:** 713990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $85K (33%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 45
## Lender
- **Originating:** Webster Five Cents Savings Bank
- **Servicing:** Webster Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*