# PPP loan: CERMAX CORP
> **$541K** approved 06/05/2020 · Paid in Full · Loan `8350827806`
## Borrower
- **Name:** CERMAX CORP
- **Address:** 280 LOCKE DR, MARLBOROUGH, MA, 01752-7221
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $552K (102%)
- **Forgiveness date:** 08/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $541K
- **Jobs reported:** 68
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*