# PPP loan: FLAGSHIP PRESS, INC.
> **$1.79M** approved 04/09/2020 · Exemption 4 · Loan `9419807009`
## Borrower
- **Name:** FLAGSHIP PRESS, INC.
- **Address:** 150 FLAGSHIP DR, NORTH ANDOVER, MA, 01845-6117
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.50M (84%)
- **Forgiveness date:** 07/28/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.49M
- **Rent:** $145K
- **Utilities:** $64K
- **Health care:** $91K
- **Jobs reported:** 125
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*