# PPP loan: GROUT SYSTEMS, INC.
> **$565K** approved 04/06/2020 · Paid in Full · Loan `5686437001`
## Borrower
- **Name:** GROUT SYSTEMS, INC.
- **Address:** 505 BERGEY ST, WADSWORTH, OH, 44281-2086
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $565K
- **Jobs reported:** 36
## Lender
- **Originating:** Westfield Bank, FSB
- **Servicing:** Westfield Bank, FSB (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*