# PPP loan: COMMONWEALTH HOME SERVICES INC
> **$486K** approved 04/06/2020 · Paid in Full · Loan `6260327000`
## Borrower
- **Name:** COMMONWEALTH HOME SERVICES INC
- **Address:** 59 MITCHELL RD, IPSWICH, MA, 01938-1257
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Rent:** $19K
- **Utilities:** $4K
- **Health care:** $72K
- **Jobs reported:** 30
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*