# PPP loan: EAST RIVER ENERGY INC
> **$700K** approved 02/02/2021 · Paid in Full · Loan `1596318408`
## Borrower
- **Name:** EAST RIVER ENERGY INC
- **Address:** 401 Soundview Rd, Guilford, CT, 06437-2981
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $700K
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*