# PPP loan: M&R RACK PLATING INC
> **$224K** approved 04/04/2020 · Paid in Full · Loan `4627867007`
## Borrower
- **Name:** M&R RACK PLATING INC
- **Address:** 303 WESTLINK DR, WASHINGTON, MO, 63090-1105
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Mortgage interest:** $6K
- **Utilities:** $16K
- **Health care:** $34K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of Washington
- **Servicing:** Bank of Washington (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*