# PPP loan: MPS PRODUCTS CORP
> **$170K** approved 04/28/2020 · Paid in Full · Loan `6502517209`
## Borrower
- **Name:** MPS PRODUCTS CORP
- **Address:** 453 Newburyport Turnpike, ROWLEY, MA, 01969-1728
- **NAICS:** 331110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Health care:** $22K
- **Jobs reported:** 12
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*