# PPP loan: BFS ASSOCIATES INC.
> **$369K** approved 02/11/2021 · Paid in Full · Loan `6993538400`
## Borrower
- **Name:** BFS ASSOCIATES INC.
- **Address:** 600 Unicorn Park Dr, Woburn, MA, 01801-3343
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $369K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*