# PPP loan: WORCESTER MANUFACTURING INC
> **$506K** approved 03/12/2021 · Paid in Full · Loan `9561758505`
## Borrower
- **Name:** WORCESTER MANUFACTURING INC
- **Address:** 35 New St, Worcester, MA, 01605-3324
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 56
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*