# PPP loan: WESTERLY MANAGEMENT CO, INC.
> **$236K** approved 04/06/2020 · Paid in Full · Loan `6380307010`
## Borrower
- **Name:** WESTERLY MANAGEMENT CO, INC.
- **Address:** 98 COUNTY ST, TAUNTON, MA, 02780-3502
- **NAICS:** 445291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $253K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $4K
- **Jobs reported:** 18
## 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*