# PPP loan: MATS INC
> **$2.60M** approved 04/30/2020 · Paid in Full · Loan `6162857307`
## Borrower
- **Name:** MATS INC
- **Address:** 179 Campanelli Parkway, Stoughton, MA, 02072
- **NAICS:** 444190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $2.63M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 151
## 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*