# PPP loan: 5509 INC
> **$170K** approved 04/13/2020 · Paid in Full · Loan `5556007101`
## Borrower
- **Name:** 5509 INC
- **Address:** 4760 PORTAGE ST NW, NORTH CANTON, OH, 44720-7245
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 35
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*