# PPP loan: SAMPCO INC.
> **$494K** approved 01/29/2021 · Paid in Full · Loan `8262868302`
## Borrower
- **Name:** SAMPCO INC.
- **Address:** 56 downing parkway, PITTSFIELD, MA, 01201
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $494K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*