# PPP loan: MRF MACHINE AND HYDRAULICS INC.
> **$160K** approved 04/14/2020 · Paid in Full · Loan `6963877106`
## Borrower
- **Name:** MRF MACHINE AND HYDRAULICS INC.
- **Address:** 912 Lock Street, Kent, OH, 44240
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** Portage Community Bank
- **Servicing:** Portage Community Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*