# PPP loan: HAMILTON THORNE, INC.
> **$775K** approved 04/28/2020 · Paid in Full · Loan `9988727205`
## Borrower
- **Name:** HAMILTON THORNE, INC.
- **Address:** 100 CUMMINGS CTR Suite 465E, BEVERLY, MA, 01915-6143
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $775K
- **Initial approval:** $775K
- **Forgiven:** $786K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Mortgage interest:** $100K
- **Utilities:** $25K
- **Jobs reported:** 43
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*