# PPP loan: PEOPLESERVE, INC
> **$1.62M** approved 04/15/2020 · Paid in Full · Loan `8037027109`
## Borrower
- **Name:** PEOPLESERVE, INC
- **Address:** 19 Needham Street, NEWTON HIGHLANDS, MA, 02461-1624
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 45
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*