# PPP loan: MATERIAL SUPPLIERS INC AND SUB
> **$341K** approved 04/05/2020 · Paid in Full · Loan `5319877002`
## Borrower
- **Name:** MATERIAL SUPPLIERS INC AND SUB
- **Address:** 02444 STATE ROUTE 49, EDGERTON, OH, 43517-9551
- **NAICS:** 212319
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $1K
- **Utilities:** $15K
- **Jobs reported:** 25
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*