# PPP loan: MOFAB INC.
> **$516K** approved 02/10/2021 · Paid in Full · Loan `6079748402`
## Borrower
- **Name:** MOFAB INC.
- **Address:** 1415 Fairview St, Anderson, IN, 46016-3523
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $516K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*