# PPP loan: RIM MOLDING AND ENGINEERING INC.
> **$195K** approved 01/23/2021 · Paid in Full · Loan `4398688308`
## Borrower
- **Name:** RIM MOLDING AND ENGINEERING INC.
- **Address:** 56855 Ferrettie Ct, Mishawaka, IN, 46545-7480
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*