# PPP loan: E-CLOTH INC
> **$214K** approved 04/28/2020 · Paid in Full · Loan `7869557200`
## Borrower
- **Name:** E-CLOTH INC
- **Address:** 131 BROADWAY, DOVER, NH, 03820-3299
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $53K
- **Jobs reported:** 20
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*