# PPP loan: TANK DESIGN, INC.
> **$1.16M** approved 04/14/2020 · Paid in Full · Loan `7080977102`
## Borrower
- **Name:** TANK DESIGN, INC.
- **Address:** 158 Sidney St Cambridge Ma 02139-4240, CAMBRIDGE, MA, 02139-4240
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 47
## 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*