# PPP loan: EASTERN CONTRUCTORS INC
> **$2.00M** approved 01/23/2021 · Paid in Full · Loan `4952838303`
## Borrower
- **Name:** EASTERN CONTRUCTORS INC
- **Address:** 38004 Cornerview Rd, Geismar, LA, 70734-3241
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 128
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*