# PPP loan: BUTTERWORTH & O'TOOLE INC.
> **$157K** approved 04/08/2020 · Paid in Full · Loan `8003997000`
## Borrower
- **Name:** BUTTERWORTH & O'TOOLE INC.
- **Address:** 16 Brown Street, SALEM, MA, 01970-3888
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 7
## Lender
- **Originating:** North Shore Bank, a Co-operative Bank
- **Servicing:** North Shore Bank, a Co-operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*