# PPP loan: MILL CITY INSURANCE INC
> **$166K** approved 04/28/2020 · Paid in Full · Loan `6585127204`
## Borrower
- **Name:** MILL CITY INSURANCE INC
- **Address:** 493 WESTFORD ST, LOWELL, MA, 01851-2523
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Rent:** $22K
- **Utilities:** $6K
- **Debt interest:** $12K
- **Jobs reported:** 4
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*