# PPP loan: FORT RECOVERY INDUSTRIES INC
> **$3.55M** approved 04/09/2020 · Paid in Full · Loan `1029117110`
## Borrower
- **Name:** FORT RECOVERY INDUSTRIES INC
- **Address:** 2440 State Route 49 0.0, Fort Recovery, OH, 45846-9501
- **NAICS:** 331523
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.55M
- **Initial approval:** $3.55M
- **Forgiven:** $3.59M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.71M
- **Rent:** $46K
- **Mortgage interest:** $6K
- **Utilities:** $336K
- **Health care:** $394K
- **Debt interest:** $52K
- **Jobs reported:** 330
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*