# PPP loan: J. MARCHESE AND SONS, INC.
> **$668K** approved 04/15/2020 · Paid in Full · Loan `8610197107`
## Borrower
- **Name:** J. MARCHESE AND SONS, INC.
- **Address:** 69 NORMAN ST, EVERETT, MA, 02149-1951
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $668K
- **Initial approval:** $668K
- **Forgiven:** $675K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $668K
- **Jobs reported:** 37
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*