# PPP loan: THE LORENZ CORPORATION
> **$792K** approved 04/06/2020 · Paid in Full · Loan `5597387008`
## Borrower
- **Name:** THE LORENZ CORPORATION
- **Address:** 501 E 3RD ST, DAYTON, OH, 45402-2165
- **NAICS:** 512230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $792K
- **Initial approval:** $792K
- **Forgiven:** $800K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $670K
- **Rent:** $95K
- **Utilities:** $27K
- **Jobs reported:** 58
## 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*