# PPP loan: EAST COAST DYES, INC.
> **$340K** approved 04/15/2020 · Paid in Full · Loan `9403387107`
## Borrower
- **Name:** EAST COAST DYES, INC.
- **Address:** 8745 Mylander Lane, TOWSON, MD, 21286
- **NAICS:** 339920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $30K
- **Utilities:** $6K
- **Health care:** $15K
- **Debt interest:** $6K
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*