# PPP loan: OTTAWA RUBBER COMPANY
> **$207K** approved 04/06/2020 · Paid in Full · Loan `6081107009`
## Borrower
- **Name:** OTTAWA RUBBER COMPANY
- **Address:** 1600 COMMERCE RD, HOLLAND, OH, 43528-8689
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $6K
- **Utilities:** $19K
- **Jobs reported:** 24
## 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*