# PPP loan: ECKROTH BROS. FARM EQUIPMENT, INC.
> **$222K** approved 04/15/2020 · Paid in Full · Loan `8554337106`
## Borrower
- **Name:** ECKROTH BROS. FARM EQUIPMENT, INC.
- **Address:** 1813 Chesnut Street, NEW RINGGOLD, PA, 17960
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*