# PPP loan: LENZI'S CATERING CO., INC.
> **$235K** approved 04/15/2020 · Paid in Full · Loan `9315887104`
## Borrower
- **Name:** LENZI'S CATERING CO., INC.
- **Address:** 810 MERRIMACK AVE, DRACUT, MA, 01826-6016
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $182K (78%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $40K
- **Utilities:** $14K
- **Health care:** $5K
- **Debt interest:** $322
- **Jobs reported:** 50
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*