# PPP loan: POLIMEROS USA LLC
> **$202K** approved 04/30/2020 · Exemption 4 · Loan `4879387306`
## Borrower
- **Name:** POLIMEROS USA LLC
- **Address:** 26210 EMERY RD, CLEVELAND, OH, 44118
- **NAICS:** 425110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $176K (87%)
- **Forgiveness date:** 02/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 11
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*