# PPP loan: INDUSTRIAL NUT CORP.
> **$570K** approved 04/05/2020 · Paid in Full · Loan `5244487008`
## Borrower
- **Name:** INDUSTRIAL NUT CORP.
- **Address:** 1425 TIFFIN AVE, SANDUSKY, OH, 44870-2040
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $574K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Utilities:** $30K
- **Health care:** $164K
- **Jobs reported:** 35
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*