# PPP loan: MURDOCK WEBBING COMPANY, INC.
> **$1.58M** approved 04/14/2020 · Paid in Full · Loan `7658697109`
## Borrower
- **Name:** MURDOCK WEBBING COMPANY, INC.
- **Address:** 27 FOUNDRY ST, CENTRAL FALLS, RI, 02863-2348
- **NAICS:** 313220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $45K
- **Utilities:** $45K
- **Health care:** $45K
- **Jobs reported:** 182
## 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*