# PPP loan: SPS NEW ENGLAND, INC.
> **$7.00M** approved 04/06/2020 · Paid in Full · Loan `5873657003`
## Borrower
- **Name:** SPS NEW ENGLAND, INC.
- **Address:** 98 Elm St., SALISBURY, MA, 01952-1804
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $7.00M
- **Initial approval:** $6.06M
- **Forgiven:** $7.08M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.00M
- **Jobs reported:** 328
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*