# PPP loan: J.P. RIVARD TRAILER SALES INC
> **$351K** approved 04/07/2020 · Paid in Full · Loan `7451407008`
## Borrower
- **Name:** J.P. RIVARD TRAILER SALES INC
- **Address:** 1 WARD WAY, NORTH CHELMSFORD, MA, 01863-1216
- **NAICS:** 532120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Mortgage interest:** $20K
- **Utilities:** $10K
- **Health care:** $20K
- **Jobs reported:** 21
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*