# PPP loan: ECONO SEWER & DRAIN SERVICE INC.
> **$288K** approved 05/01/2020 · Paid in Full · Loan `1952147700`
## Borrower
- **Name:** ECONO SEWER & DRAIN SERVICE INC.
- **Address:** 3864 FLATLANDS AVE, BROOKLYN, NY, 11234
- **NAICS:** 811411
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Health care:** $16K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*