# PPP loan: EMERSON UMBRELLA, INC.
> **$151K** approved 04/15/2020 · Paid in Full · Loan `8259367101`
## Borrower
- **Name:** EMERSON UMBRELLA, INC.
- **Address:** 40 STOW ST, CONCORD, MA, 01742-2418
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 16
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*