# PPP loan: STRAUSE REFRIGERATION INC
> **$236K** approved 04/14/2020 · Paid in Full · Loan `5976027103`
## Borrower
- **Name:** STRAUSE REFRIGERATION INC
- **Address:** 7944 W CENTRAL AVE #8, TOLEDO, OH, 43617-1550
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $4K
- **Utilities:** $3K
- **Jobs reported:** 13
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*