# PPP loan: EASTLAND ELECTRIC, INC
> **$165K** approved 04/07/2020 · Paid in Full · Loan `6621777002`
## Borrower
- **Name:** EASTLAND ELECTRIC, INC
- **Address:** 35 MOSHASSUCK RD, LINCOLN, RI, 02865-2636
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Rent:** $20K
- **Utilities:** $11K
- **Jobs reported:** 12
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*