# PPP loan: OFFICE FURNITURE DISTRIBUTORS OF NE
> **$788K** approved 04/14/2020 · Paid in Full · Loan `7176147105`
## Borrower
- **Name:** OFFICE FURNITURE DISTRIBUTORS OF NE
- **Address:** 226 ANDOVER ST, WILMINGTON, MA, 01887-1022
- **NAICS:** 423210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $788K
- **Initial approval:** $788K
- **Forgiven:** $794K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $591K
- **Utilities:** $197K
- **Jobs reported:** 48
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*