# PPP loan: EQUITY SETTLEMENT SERVICES INC
> **$1.45M** approved 04/28/2020 · Paid in Full · Loan `7050227208`
## Borrower
- **Name:** EQUITY SETTLEMENT SERVICES INC
- **Address:** 444 Route 111 Ste 2, SMITHTOWN, NY, 11787
- **NAICS:** 541191
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 127
## 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*