# PPP loan: AMERICAN POOL SERVICES, INC.
> **$184K** approved 04/07/2020 · Paid in Full · Loan `7192197000`
## Borrower
- **Name:** AMERICAN POOL SERVICES, INC.
- **Address:** 12 Mitchell Road, IPSWICH, MA, 01938-1217
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $196K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 13
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*