# PPP loan: MATRIX POWER SERVICES, INC
> **$900K** approved 04/14/2020 · Paid in Full · Loan `7153107101`
## Borrower
- **Name:** MATRIX POWER SERVICES, INC
- **Address:** 59 DAVIS DR, PASCOAG, RI, 02859-3507
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $909K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 128
## Lender
- **Originating:** Freedom National Bank, A Division of
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*