# PPP loan: CIHOLAS INC.
> **$554K** approved 02/04/2021 · Paid in Full · Loan `2850728403`
## Borrower
- **Name:** CIHOLAS INC.
- **Address:** 3700 Bell Rd, Newburgh, IN, 47630-7907
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Jobs reported:** 31
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*