# PPP loan: BATTERY SHOP OF NEW ENGLAND INC
> **$181K** approved 04/14/2020 · Paid in Full · Loan `7814847109`
## Borrower
- **Name:** BATTERY SHOP OF NEW ENGLAND INC
- **Address:** 40 SILVIA LANE, DRACUT, MA, 01826-2894
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 15
## Lender
- **Originating:** Methuen Co-Operative Bank
- **Servicing:** Methuen Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*