# PPP loan: PARENT & PARENT LLP
> **$264K** approved 01/28/2021 · Charged Off · Loan `7493528308`
## Borrower
- **Name:** PARENT & PARENT LLP
- **Address:** 144 S Main St, Wallingford, CT, 06492-4200
- **NAICS:** 541110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $225K (85%)
- **Forgiveness date:** 06/15/2022
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*