# PPP loan: ECI SYSTEMS, LLC
> **$507K** approved 04/07/2020 · Paid in Full · Loan `6769857009`
## Borrower
- **Name:** ECI SYSTEMS, LLC
- **Address:** 40 SHATTUCK RD, ANDOVER, MA, 01810-2432
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $506K (100%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $507K
- **Jobs reported:** 18
## Lender
- **Originating:** Newburyport Five Cents Savings Bank
- **Servicing:** Newburyport Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*