# PPP loan: GRANITE INDUSTRIES INC
> **$555K** approved 01/26/2021 · Paid in Full · Loan `6282668310`
## Borrower
- **Name:** GRANITE INDUSTRIES INC
- **Address:** 595 E Lugbill Rd, Archbold, OH, 43502-1560
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $557K (100%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $555K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*