# PPP loan: BOSTON ENGINEERING CORPORATION
> **$1.13M** approved 04/28/2020 · Paid in Full · Loan `7764617209`
## Borrower
- **Name:** BOSTON ENGINEERING CORPORATION
- **Address:** 300 BEAR HILL RD, WALTHAM, MA, 02451-1096
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $730K
- **Utilities:** $2K
- **Jobs reported:** 66
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*