# PPP loan: ROSS ENGINEERING & MACHINE, INC.
> **$232K** approved 04/07/2020 · Paid in Full · Loan `6525917007`
## Borrower
- **Name:** ROSS ENGINEERING & MACHINE, INC.
- **Address:** 70100 Stephens St, WALKERTON, IN, 46574-1243
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $20K
- **Utilities:** $4K
- **Jobs reported:** 22
## 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*