# PPP loan: WALLER, SMITH & PALMER P.C.
> **$378K** approved 04/09/2020 · Paid in Full · Loan `9741547001`
## Borrower
- **Name:** WALLER, SMITH & PALMER P.C.
- **Address:** 52 EUGENE ONEILL DR, NEW LONDON, CT, 06320-6324
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Rent:** $38K
- **Utilities:** $38K
- **Jobs reported:** 23
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*