# PPP loan: NEW ENGLAND CONTROLS INC
> **$3.53M** approved 04/06/2020 · Paid in Full · Loan `6295857006`
## Borrower
- **Name:** NEW ENGLAND CONTROLS INC
- **Address:** 260 FORBES BLVD, MANSFIELD, MA, 02048-1817
- **NAICS:** 488330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.53M
- **Initial approval:** $3.53M
- **Forgiven:** $3.57M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.53M
- **Jobs reported:** 210
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*