# PPP loan: DMC TECHNOLOGY GROUP, INC.
> **$439K** approved 04/11/2020 · Paid in Full · Loan `2829067100`
## Borrower
- **Name:** DMC TECHNOLOGY GROUP, INC.
- **Address:** 7657 KINGS POINTE RD, TOLEDO, OH, 43617-1514
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $373K
- **Rent:** $22K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 23
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*