# PPP loan: DOR-MAE INDUSTRIES INC.
> **$700K** approved 04/27/2020 · Paid in Full · Loan `4904377208`
## Borrower
- **Name:** DOR-MAE INDUSTRIES INC.
- **Address:** 4001 Reading Crest Avenue, Reading, PA, 19605
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $74K
- **Utilities:** $16K
- **Health care:** $70K
- **Jobs reported:** 60
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*