# PPP loan: BOUCHER ENERGY SYSTEMS, INC
> **$289K** approved 04/06/2020 · Paid in Full · Loan `5630827001`
## Borrower
- **Name:** BOUCHER ENERGY SYSTEMS, INC
- **Address:** 88 MILLVILLE, MENDON, MA, 01756-1269
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $29K
- **Utilities:** $29K
- **Jobs reported:** 17
## Lender
- **Originating:** Charles River Bank
- **Servicing:** Charles River Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*