# PPP loan: NEW ENGLAND DISCOUNT RETAILERS, INC
> **$520K** approved 04/15/2020 · Paid in Full · Loan `9909677108`
## Borrower
- **Name:** NEW ENGLAND DISCOUNT RETAILERS, INC
- **Address:** 81 Hacking Circle, MASHPEE, MA, 02649
- **NAICS:** 453991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Jobs reported:** 80
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*