# PPP loan: WESTERN RIB-EYE, INC.
> **$160K** approved 04/10/2020 · Paid in Full · Loan `1237627104`
## Borrower
- **Name:** WESTERN RIB-EYE, INC.
- **Address:** 1401 N BOEKE RD, EVANSVILLE, IN, 47711-4911
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $104K (65%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 38
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*