# PPP loan: ECRM INC.
> **$370K** approved 04/09/2020 · Paid in Full · Loan `8855897005`
## Borrower
- **Name:** ECRM INC.
- **Address:** 25 COMMERCE WAY, NORTH ANDOVER, MA, 01845-1002
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $46K
- **Utilities:** $8K
- **Health care:** $36K
- **Jobs reported:** 24
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*