# PPP loan: AVID IRONWORKS, INC.
> **$325K** approved 04/08/2020 · Paid in Full · Loan `8110597004`
## Borrower
- **Name:** AVID IRONWORKS, INC.
- **Address:** 40 ROSE ST, SPRINGFIELD, MA, 01104-3104
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 20
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*