# PPP loan: ATLANTIC ELEVATOR SOUTH CO., INC.
> **$563K** approved 04/28/2020 · Paid in Full · Loan `7621277206`
## Borrower
- **Name:** ATLANTIC ELEVATOR SOUTH CO., INC.
- **Address:** 1900 FALL RIVER AVE, SEEKONK, MA, 02771-2037
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $41K
- **Utilities:** $36K
- **Debt interest:** $36K
- **Jobs reported:** 31
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*