# PPP loan: DETMER AND SONS INC
> **$876K** approved 04/05/2020 · Paid in Full · Loan `5226177005`
## Borrower
- **Name:** DETMER AND SONS INC
- **Address:** 1170 CHANNINGWAY DR, FAIRBORN, OH, 45324-9240
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $884K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $701K
- **Rent:** $44K
- **Utilities:** $44K
- **Health care:** $88K
- **Jobs reported:** 56
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*