# PPP loan: PROMANCO, INC.
> **$361K** approved 04/07/2020 · Paid in Full · Loan `7632567009`
## Borrower
- **Name:** PROMANCO, INC.
- **Address:** 27823 STATE ROUTE 7, MARIETTA, OH, 45750-9060
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Rent:** $90K
- **Jobs reported:** 35
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*