# PPP loan: AXENICS, INC.
> **$552K** approved 04/15/2020 · Paid in Full · Loan `8607267103`
## Borrower
- **Name:** AXENICS, INC.
- **Address:** 161 SO MAIN ST, MIDDLETON, MA, 01949-2485
- **NAICS:** 334513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $441K
- **Mortgage interest:** $55K
- **Utilities:** $55K
- **Jobs reported:** 43
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*