# PPP loan: ABRIDGE INFO SYSTEMS, INC
> **$532K** approved 04/28/2020 · Paid in Full · Loan `6897227209`
## Borrower
- **Name:** ABRIDGE INFO SYSTEMS, INC
- **Address:** 1 Courthouse Lane, Suite 8, CHELMSFORD, MA, 01824
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $538K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $516K
- **Rent:** $3K
- **Utilities:** $1K
- **Health care:** $12K
- **Jobs reported:** 21
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*