# PPP loan: MATO INC.
> **$298K** approved 02/08/2021 · Paid in Full · Loan `5190628405`
## Borrower
- **Name:** MATO INC.
- **Address:** 8027 Mayfield Rd, Chesterland, OH, 44026-2438
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*