# PPP loan: FRANEY MEDICAL LAB INC
> **$152K** approved 03/24/2021 · Paid in Full · Loan `7656608608`
## Borrower
- **Name:** FRANEY MEDICAL LAB INC
- **Address:** 52 Mercantile Way, Mashpee, MA, 02649-4676
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 08/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*