# PPP loan: THE FACTORY LINK
> **$264K** approved 04/10/2020 · Paid in Full · Loan `2437577101`
## Borrower
- **Name:** THE FACTORY LINK
- **Address:** 106 W Ohio Street, MOUNT VERNON, OH, 43050
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $13K
- **Health care:** $26K
- **Jobs reported:** 7
## Lender
- **Originating:** Heartland Bank
- **Servicing:** Heartland Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*