# PPP loan: MABBETT & ASSOCIATES INC
> **$870K** approved 04/15/2020 · Paid in Full · Loan `8476597107`
## Borrower
- **Name:** MABBETT & ASSOCIATES INC
- **Address:** 5 ALFRED CIR, BEDFORD, MA, 01730-2318
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $870K
- **Initial approval:** $873K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $870K
- **Jobs reported:** 50
## 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*