# PPP loan: OFC PANEL PROCESSING LLC
> **$314K** approved 01/16/2021 · Paid in Full · Loan `1334628309`
## Borrower
- **Name:** OFC PANEL PROCESSING LLC
- **Address:** 2518 57th St S, Muscatine, IA, 52761-9118
- **NAICS:** 337211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** CBI Bank & Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*