# PPP loan: EASTERN SILK MILLS INC
> **$256K** approved 03/03/2021 · Paid in Full · Loan `6199028501`
## Borrower
- **Name:** EASTERN SILK MILLS INC
- **Address:** 200 Old Palisade Rd Ph 2, Fort Lee, NJ, 07024-7056
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*