# PPP loan: CHAMPLIN TIRE RECYCLING, INC.
> **$356K** approved 04/04/2020 · Paid in Full · Loan `5065177003`
## Borrower
- **Name:** CHAMPLIN TIRE RECYCLING, INC.
- **Address:** 301 Cedar St., CONCORDIA, KS, 66901-1717
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Mortgage interest:** $45K
- **Utilities:** $45K
- **Jobs reported:** 36
## Lender
- **Originating:** United Bank & Trust
- **Servicing:** United Bank & Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*