# PPP loan: NANTUCKET LOOMS
> **$359K** approved 01/25/2021 · Paid in Full · Loan `5575078309`
## Borrower
- **Name:** NANTUCKET LOOMS
- **Address:** 51 Main St, Nantucket, MA, 02554-3542
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 16
## Lender
- **Originating:** The Cape Cod Five Cents Savings Bank
- **Servicing:** The Cape Cod 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*