# PPP loan: MILL CITY ENVIRONMENTAL CORPORATION
> **$370K** approved 04/06/2020 · Paid in Full · Loan `6198137000`
## Borrower
- **Name:** MILL CITY ENVIRONMENTAL CORPORATION
- **Address:** 116 JOHN ST, LOWELL, MA, 01852-1124
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Rent:** $7K
- **Mortgage interest:** $822
- **Utilities:** $1K
- **Health care:** $19K
- **Jobs reported:** 33
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*