# PPP loan: PHOTOMACHINING, INC.
> **$301K** approved 04/07/2020 · Paid in Full · Loan `7130417010`
## Borrower
- **Name:** PHOTOMACHINING, INC.
- **Address:** 4 Industrial Park Drive Unit 40, PELHAM, NH, 03076-2100
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Rent:** $18K
- **Utilities:** $12K
- **Health care:** $30K
- **Jobs reported:** 22
## 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*