# PPP loan: BALLARD MACK BUSINESS TRUST
> **$2.52M** approved 04/08/2020 · Paid in Full · Loan `8169727000`
## Borrower
- **Name:** BALLARD MACK BUSINESS TRUST
- **Address:** 442 SW CUTOFF, WORCESTER, MA, 01604-2717
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.52M
- **Initial approval:** $2.52M
- **Forgiven:** $2.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.52M
- **Jobs reported:** 150
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*