# PPP loan: ECOTONE, INC.
> **$1.13M** approved 04/13/2020 · Paid in Full · Loan `4666337102`
## Borrower
- **Name:** ECOTONE, INC.
- **Address:** 129 Industry Lane, FOREST HILL, MD, 21050-1621
- **NAICS:** 541620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Rent:** $37K
- **Utilities:** $6K
- **Health care:** $44K
- **Debt interest:** $9K
- **Jobs reported:** 90
## 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*