# PPP loan: STATELINE IRRIGATION SUPPLY INC.
> **$395K** approved 04/28/2020 · Paid in Full · Loan `7912127207`
## Borrower
- **Name:** STATELINE IRRIGATION SUPPLY INC.
- **Address:** 8 WESTECH DR, TYNGSBORO, MA, 01879-2720
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $48K
- **Utilities:** $10K
- **Debt interest:** $44K
- **Jobs reported:** 19
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*