# PPP loan: EASTERN INDUSTRIAL SERVICES, INC.
> **$1.53M** approved 04/09/2020 · Paid in Full · Loan `9028497004`
## Borrower
- **Name:** EASTERN INDUSTRIAL SERVICES, INC.
- **Address:** 196 QUIGLEY BLVD, NEW CASTLE, DE, 19720-4176
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 90
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*