# PPP loan: GALE ASSOCIATES, INC.
> **$1.89M** approved 04/06/2020 · Paid in Full · Loan `6370677001`
## Borrower
- **Name:** GALE ASSOCIATES, INC.
- **Address:** 163 Libbey Parkway, EAST WEYMOUTH, MA, 02189-3136
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.55M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.89M
- **Jobs reported:** 100
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*