# PPP loan: EASTERN FISHING AND RENTAL TOOL CO., INC.
> **$2.04M** approved 04/04/2020 · Paid in Full · Loan `4951557010`
## Borrower
- **Name:** EASTERN FISHING AND RENTAL TOOL CO., INC.
- **Address:** MOOSE DR, LAUREL, MS, 39440-3728
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.04M
- **Initial approval:** $2.04M
- **Forgiven:** $1.94M (95%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Rent:** $250K
- **Utilities:** $157K
- **Jobs reported:** 128
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*