# PPP loan: TOWNSEND SALES & SERVICE INC
> **$514K** approved 04/09/2020 · Paid in Full · Loan `9738667001`
## Borrower
- **Name:** TOWNSEND SALES & SERVICE INC
- **Address:** MAIN ST, TOWNSEND, MA, 01469-0677
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 40
## Lender
- **Originating:** Workers FCU
- **Servicing:** Workers FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*