# PPP loan: BOTTOMLINE INK, CORPORATION
> **$506K** approved 04/05/2020 · Paid in Full · Loan `5334937005`
## Borrower
- **Name:** BOTTOMLINE INK, CORPORATION
- **Address:** 7829 PONDEROSA RD, PERRYSBURG, OH, 43551-4854
- **NAICS:** 541430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Rent:** $36K
- **Utilities:** $10K
- **Jobs reported:** 52
## 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*