# PPP loan: DIETSCH BROTHERS, INC
> **$487K** approved 04/14/2020 · Paid in Full · Loan `7422977103`
## Borrower
- **Name:** DIETSCH BROTHERS, INC
- **Address:** 400 W. MAIN CROSS ST, FINDLAY, OH, 45840-3317
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Mortgage interest:** $49K
- **Utilities:** $49K
- **Jobs reported:** 50
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*