# PPP loan: EAGLE STAINLESS TUBE CORP
> **$950K** approved 04/07/2020 · Paid in Full · Loan `7056677008`
## Borrower
- **Name:** EAGLE STAINLESS TUBE CORP
- **Address:** 10 Discovery Way, Franklin, MA, 02035-2555
- **NAICS:** 331210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $960K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Jobs reported:** 104
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*