# PPP loan: NASCO INDUSTRIES INC.
> **$847K** approved 01/21/2021 · Paid in Full · Loan `3203098304`
## Borrower
- **Name:** NASCO INDUSTRIES INC.
- **Address:** 3 NE 21st St, Washington, IN, 47501-3111
- **NAICS:** 315280
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $847K
- **Initial approval:** $847K
- **Forgiven:** $852K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $847K
- **Utilities:** $1
- **Jobs reported:** 100
## 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*