# PPP loan: BRC RUBBER & PLASTICS INC
> **$5.37M** approved 04/11/2020 · Paid in Full · Loan `2819447103`
## Borrower
- **Name:** BRC RUBBER & PLASTICS INC
- **Address:** 1029 W State Blvd, Suite A, FORT WAYNE, IN, 46808-3165
- **NAICS:** 326291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.37M
- **Initial approval:** $5.37M
- **Forgiven:** $5.43M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.95M
- **Utilities:** $433K
- **Health care:** $987K
- **Jobs reported:** 500
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*