# PPP loan: OLD MAN'S CAVE CHALETS INC.
> **$211K** approved 04/05/2020 · Paid in Full · Loan `5198647006`
## Borrower
- **Name:** OLD MAN'S CAVE CHALETS INC.
- **Address:** 18905 STATE ROUTE 664, LOGAN, OH, 43138-9536
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Mortgage interest:** $50K
- **Utilities:** $2K
- **Jobs reported:** 33
## Lender
- **Originating:** The Merchants National Bank
- **Servicing:** The Merchants National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*