# PPP loan: EASTERN PROCESSING EQUIPMENT INC
> **$253K** approved 04/09/2020 · Paid in Full · Loan `9763157003`
## Borrower
- **Name:** EASTERN PROCESSING EQUIPMENT INC
- **Address:** 22 Nealy Blvd, MARCUS HOOK, PA, 19061-5312
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 18
## 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*