# PPP loan: OIVA HANNULA AND SONS, INC
> **$514K** approved 04/28/2020 · Paid in Full · Loan `7227337202`
## Borrower
- **Name:** OIVA HANNULA AND SONS, INC
- **Address:** 8 Rochester Rd, Carver, MA, 02330
- **NAICS:** 111334
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 30
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*