# PPP loan: REFRACTORY ENGINEERS, INC.
> **$466K** approved 04/27/2020 · Paid in Full · Loan `6304467206`
## Borrower
- **Name:** REFRACTORY ENGINEERS, INC.
- **Address:** 1750 Midwest Boulevard, INDIANAPOLIS, IN, 46214-2377
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $473K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $58K
- **Utilities:** $58K
- **Jobs reported:** 36
## Lender
- **Originating:** Tri-County Bank & Trust Company
- **Servicing:** Tri-County Bank & Trust Company (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*