# PPP loan: NORTH CENTRAL INDUSTRIES, INC
> **$331K** approved 04/14/2020 · Paid in Full · Loan `7159307103`
## Borrower
- **Name:** NORTH CENTRAL INDUSTRIES, INC
- **Address:** 1500 WASHINGTON ST, MUNCIE, IN, 47305-2056
- **NAICS:** 423920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Rent:** $75K
- **Utilities:** $8K
- **Jobs reported:** 60
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*