# PPP loan: COLONIAL STAFFING GROUP, INC
> **$1.40M** approved 04/06/2020 · Paid in Full · Loan `5646497003`
## Borrower
- **Name:** COLONIAL STAFFING GROUP, INC
- **Address:** 95 MILL BROOK AVE, WALPOLE, MA, 02081-2162
- **NAICS:** 561330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Rent:** $9K
- **Health care:** $170K
- **Debt interest:** $170K
- **Jobs reported:** 228
## Lender
- **Originating:** Homefield Credit Union
- **Servicing:** Homefield Credit Union (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*