# PPP loan: WM ERATH & SONS, INC.
> **$490K** approved 04/10/2020 · Paid in Full · Loan `1239707108`
## Borrower
- **Name:** WM ERATH & SONS, INC.
- **Address:** 51 Ranick Dr E, AMITYVILLE, NY, 11701-2821
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Rent:** $98K
- **Jobs reported:** 28
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*