# PPP loan: AKRON DISPERSIONS INC
> **$314K** approved 04/05/2020 · Paid in Full · Loan `5473037006`
## Borrower
- **Name:** AKRON DISPERSIONS INC
- **Address:** 3291 sawmill road, COPLEY, OH, 44321-0195
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $78K
- **Jobs reported:** 27
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*