# PPP loan: E.C.I. INC.
> **$1.59M** approved 04/09/2020 · Paid in Full · Loan `9278087002`
## Borrower
- **Name:** E.C.I. INC.
- **Address:** 2036 E TOWNSHIP ROAD 122, TIFFIN, OH, 44883-8766
- **NAICS:** 623210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $159K
- **Utilities:** $159K
- **Jobs reported:** 242
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*