# PPP loan: MGR AMUSEMENTS, INC.
> **$242K** approved 04/08/2020 · Paid in Full · Loan `8318907000`
## Borrower
- **Name:** MGR AMUSEMENTS, INC.
- **Address:** 24 Elm Street PO BOX, SALISBURY, MA, 01952-0351
- **NAICS:** 713110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $153K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 12
## Lender
- **Originating:** Newburyport Five Cents Savings Bank
- **Servicing:** Newburyport 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*