# PPP loan: EASTERN METAL INDUSTRIES
> **$203K** approved 02/25/2021 · Paid in Full · Loan `4406838502`
## Borrower
- **Name:** EASTERN METAL INDUSTRIES
- **Address:** 910 Broadway Ste Rear, Saugus, MA, 01906-3282
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 13
## 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*