# PPP loan: CINCINNATI DEVELOPMENT FUND, INC.
> **$308K** approved 04/14/2020 · Paid in Full · Loan `6193227102`
## Borrower
- **Name:** CINCINNATI DEVELOPMENT FUND, INC.
- **Address:** 1224 Race Street, CINCINNATI, OH, 45202
- **NAICS:** 525990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $10K
- **Utilities:** $3K
- **Health care:** $28K
- **Debt interest:** $36K
- **Jobs reported:** 13
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*