# PPP loan: STRAIGHTAWAY FABRICATIONS, LTD
> **$228K** approved 04/06/2020 · Paid in Full · Loan `5760627009`
## Borrower
- **Name:** STRAIGHTAWAY FABRICATIONS, LTD
- **Address:** 481 US HIGHWAY 250, ASHLAND, OH, 44805-9771
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $16K
- **Utilities:** $11K
- **Health care:** $29K
- **Debt interest:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*