# PPP loan: EDGE LIFE HEALTHCARE INC.
> **$151K** approved 06/17/2020 · Paid in Full · Loan `7515507907`
## Borrower
- **Name:** EDGE LIFE HEALTHCARE INC.
- **Address:** 54 CUMMINGS PARK, WOBURN, MA, 01801-2123
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (102%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 50
## 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*