# PPP loan: MEG ASSET MANAGEMENT, INC.
> **$200K** approved 04/06/2020 · Paid in Full · Loan `6004567003`
## Borrower
- **Name:** MEG ASSET MANAGEMENT, INC.
- **Address:** 25 Orchard View Dr., LONDONDERRY, NH, 03053-3366
- **NAICS:** 531312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 20
## Lender
- **Originating:** Pentucket Bank
- **Servicing:** Pentucket Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*