# PPP loan: EASTHAM MACHINING INTERNATIONAL INC
> **$423K** approved 01/26/2021 · Exemption 4 · Loan `6165358301`
## Borrower
- **Name:** EASTHAM MACHINING INTERNATIONAL INC
- **Address:** 4710 Bellaire Blvd Ste 350, Bellaire, TX, 77401-4531
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $246K (58%)
- **Forgiveness date:** 06/30/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*