# PPP loan: EAST/WEST INDUSTRIES INC.
> **$1.24M** approved 04/11/2020 · Paid in Full · Loan `2995347107`
## Borrower
- **Name:** EAST/WEST INDUSTRIES INC.
- **Address:** 2002 Orville Dr North, RONKONKOMA, NY, 11779-6800
- **NAICS:** 336413
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $100K
- **Utilities:** $20K
- **Health care:** $112K
- **Jobs reported:** 78
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*