# PPP loan: DRACUT APPLIANCE CENTER INC
> **$250K** approved 04/08/2020 · Paid in Full · Loan `7729737008`
## Borrower
- **Name:** DRACUT APPLIANCE CENTER INC
- **Address:** 1112 LAKEVIEW AVE, DRACUT, MA, 01826-4739
- **NAICS:** 443141
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $250K
- **Jobs reported:** 26
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*