# PPP loan: UNDERWOOD ENGINEERS, INC.
> **$750K** approved 04/08/2020 · Paid in Full · Loan `7958747004`
## Borrower
- **Name:** UNDERWOOD ENGINEERS, INC.
- **Address:** 25 Vaughan Mall, PORTSMOUTH, NH, 03801-4012
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $756K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 53
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*