# PPP loan: INK CUPS NOW CORPORATION
> **$1.55M** approved 04/06/2020 · Paid in Full · Loan `6032277007`
## Borrower
- **Name:** INK CUPS NOW CORPORATION
- **Address:** 310 Andover Street, DANVERS, MA, 01923-1383
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 72
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*