# PPP loan: WRIGHT GROUP INC.
> **$210K** approved 01/27/2021 · Exemption 4 · Loan `7142158302`
## Borrower
- **Name:** WRIGHT GROUP INC.
- **Address:** 125 Stanphyl Rd, Uxbridge, MA, 01569-2086
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $149K (71%)
- **Forgiveness date:** 06/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*