# PPP loan: BURNHAM ASSOCIATES INC.
> **$234K** approved 03/24/2021 · Paid in Full · Loan `8288998609`
## Borrower
- **Name:** BURNHAM ASSOCIATES INC.
- **Address:** 14 Franklin St, Salem, MA, 01970-2504
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (100%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Utilities:** $1
- **Jobs reported:** 17
## 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*