# PPP loan: LYCRO MANUFACTURING INC
> **$441K** approved 04/10/2020 · Paid in Full · Loan `2304037110`
## Borrower
- **Name:** LYCRO MANUFACTURING INC
- **Address:** 66557 STATE ROAD 19, WAKARUSA, IN, 46573-9799
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Rent:** $36K
- **Utilities:** $52K
- **Jobs reported:** 41
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*