# PPP loan: STUDER-OBRINGER, INC
> **$621K** approved 04/06/2020 · Paid in Full · Loan `6167317003`
## Borrower
- **Name:** STUDER-OBRINGER, INC
- **Address:** 525 South KIBLER ST PO Box 278, NEW WASHINGTON, OH, 44854-9524
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $135K
- **Jobs reported:** 33
## Lender
- **Originating:** First Federal Community Bank
- **Servicing:** First Federal Community Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*