# PPP loan: WORKSMART SYSTEMS INC
> **$159K** approved 02/11/2021 · Paid in Full · Loan `7362268400`
## Borrower
- **Name:** WORKSMART SYSTEMS INC
- **Address:** 3 Lakeland Park Dr, Peabody, MA, 01960-3835
- **NAICS:** 337214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*