# PPP loan: ROCHESTER HOMES, INC
> **$507K** approved 04/11/2020 · Paid in Full · Loan `3024417106`
## Borrower
- **Name:** ROCHESTER HOMES, INC
- **Address:** 1345 N Lucas St, ROCHESTER, IN, 46975-1156
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 07/20/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $468K
- **Health care:** $38K
- **Jobs reported:** 126
## 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*