# PPP loan: 80/20 INC
> **$3.91M** approved 04/05/2020 · Paid in Full · Loan `5409677005`
## Borrower
- **Name:** 80/20 INC
- **Address:** 1701 South 400 East, COLUMBIA CITY, IN, 46725-8753
- **NAICS:** 332312
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.91M
- **Initial approval:** $3.91M
- **Forgiven:** $3.95M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.13M
- **Utilities:** $782K
- **Jobs reported:** 415
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*