# PPP loan: CORLISS BROS., INC.
> **$219K** approved 04/07/2020 · Paid in Full · Loan `7081947008`
## Borrower
- **Name:** CORLISS BROS., INC.
- **Address:** 31 Essex Road, IPSWICH, MA, 01938-2514
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $27K
- **Health care:** $27K
- **Jobs reported:** 27
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*