# PPP loan: GLOVER PROPERTY MANAGEMENT, INC
> **$280K** approved 04/06/2020 · Paid in Full · Loan `5770377010`
## Borrower
- **Name:** GLOVER PROPERTY MANAGEMENT, INC
- **Address:** 8 Doaks Lane, MARBLEHEAD, MA, 01945-3533
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 25
## Lender
- **Originating:** The National Grand Bank of Marblehead
- **Servicing:** The National Grand Bank of Marblehead (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*