# PPP loan: FIRST RATE INDUSTRIES, LTD
> **$445K** approved 04/29/2020 · Paid in Full · Loan `3973667309`
## Borrower
- **Name:** FIRST RATE INDUSTRIES, LTD
- **Address:** 2079 HOLLANSBURG RICHMOND RD, HOLLANSBURG, OH, 45332-9721
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $448K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $445K
- **Jobs reported:** 40
## Lender
- **Originating:** The Farmers State Bank
- **Servicing:** The Farmers State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*