# PPP loan: LOADSPRING SOLUTIONS INC
> **$1.50M** approved 05/01/2020 · Paid in Full · Loan `6417787705`
## Borrower
- **Name:** LOADSPRING SOLUTIONS INC
- **Address:** 187 Ballardvale St Ste B-210, Wilmington, MA, 01887
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 60
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*