# PPP loan: HALLEY ELEVATOR COMPANY INC.
> **$386K** approved 04/15/2020 · Paid in Full · Loan `8059347101`
## Borrower
- **Name:** HALLEY ELEVATOR COMPANY INC.
- **Address:** 11 Tyng Street, Newburyport, MA, 01950
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $392K (102%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Jobs reported:** 15
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*