# PPP loan: BORE-IT CORPORATION
> **$209K** approved 03/03/2021 · Paid in Full · Loan `6244298501`
## Borrower
- **Name:** BORE-IT CORPORATION
- **Address:** 7329 McConnell Ave, Lowell, IN, 46356-1767
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Tech CU
- **Servicing:** Tech CU (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*