# PPP loan: EASTERN CRANE AND HOIST INC.
> **$200K** approved 04/30/2020 · Paid in Full · Loan `5358467305`
## Borrower
- **Name:** EASTERN CRANE AND HOIST INC.
- **Address:** PO BOX 907, FOUNTAIN INN, SC, 29644
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 13
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*