# PPP loan: MT ORAB INVESTMENT CORP
> **$280K** approved 04/10/2020 · Paid in Full · Loan `1450257110`
## Borrower
- **Name:** MT ORAB INVESTMENT CORP
- **Address:** 114 GLOVER DRIVE, MOUNT ORAB, OH, 45154-8390
- **NAICS:** 523910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 104
## Lender
- **Originating:** First State Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*