# PPP loan: ECHO DRUGS INC
> **$311K** approved 02/04/2021 · Paid in Full · Loan `3080838409`
## Borrower
- **Name:** ECHO DRUGS INC
- **Address:** 260 Broadway, Brooklyn, NY, 11211-8433
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*