# PPP loan: CIMCOR INC.
> **$254K** approved 02/04/2021 · Paid in Full · Loan `3085698403`
## Borrower
- **Name:** CIMCOR INC.
- **Address:** 8252 Virginia St Ste C, Merrillville, IN, 46410-5570
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 17
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*