# PPP loan: ECHO ENGINEERING & PRODUCTION SUPPLIES, INC
> **$2.06M** approved 04/15/2020 · Paid in Full · Loan `8478377104`
## Borrower
- **Name:** ECHO ENGINEERING & PRODUCTION SUPPLIES, INC
- **Address:** 7150 Winton Drive Suite 300, INDIANAPOLIS, IN, 46268
- **NAICS:** 326291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.06M
- **Initial approval:** $2.06M
- **Forgiven:** $2.08M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Rent:** $161K
- **Utilities:** $68K
- **Health care:** $183K
- **Jobs reported:** 141
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*