# PPP loan: CURRENT INC
> **$1.54M** approved 04/06/2020 · Paid in Full · Loan `6288647004`
## Borrower
- **Name:** CURRENT INC
- **Address:** 2120 WASHINGTON BLVD, FORT WAYNE, IN, 46803-1329
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $62K
- **Utilities:** $22K
- **Health care:** $207K
- **Debt interest:** $8K
- **Jobs reported:** 85
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*