# PPP loan: ECKEL INDUSTRIES, INC
> **$326K** approved 04/27/2020 · Paid in Full · Loan `4258877210`
## Borrower
- **Name:** ECKEL INDUSTRIES, INC
- **Address:** 100 Groton Shirley Rd Ayer Ma 01432-1047, Ayer, MA, 01432
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $12K
- **Jobs reported:** 27
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*