# PPP loan: 540 EAST WASHINGTON INC.
> **$176K** approved 02/13/2021 · Paid in Full · Loan `8742168401`
## Borrower
- **Name:** 540 EAST WASHINGTON INC.
- **Address:** 540 Washington St, Chagrin Falls, OH, 44022-4447
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*