# PPP loan: R. P. MARZILLI & CO., INC.
> **$2.72M** approved 04/09/2020 · Paid in Full · Loan `8981537003`
## Borrower
- **Name:** R. P. MARZILLI & CO., INC.
- **Address:** 21A TROTTER DR, MEDWAY, MA, 02053-2299
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.72M
- **Initial approval:** $2.72M
- **Forgiven:** $2.75M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.72M
- **Jobs reported:** 168
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem 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*