# PPP loan: SURPLUS SOLUTIONS, LLC
> **$335K** approved 04/06/2020 · Paid in Full · Loan `6212327006`
## Borrower
- **Name:** SURPLUS SOLUTIONS, LLC
- **Address:** 2010 DIAMOND HILL RD, WOONSOCKET, RI, 02895-1542
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $40K
- **Utilities:** $12K
- **Jobs reported:** 14
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*