# PPP loan: 49 MELCHER STREET HOLDINGS LLC
> **$479K** approved 01/26/2021 · Exemption 4 · Loan `6331698305`
## Borrower
- **Name:** 49 MELCHER STREET HOLDINGS LLC
- **Address:** 49 Melcher St, Boston, MA, 02210-1514
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $479K
- **Initial approval:** $479K
- **Forgiven:** $87K (18%)
- **Forgiveness date:** 04/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $479K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*