# PPP loan: ROEBIC LABORATORIES, INC
> **$387K** approved 04/14/2020 · Paid in Full · Loan `7799737101`
## Borrower
- **Name:** ROEBIC LABORATORIES, INC
- **Address:** 25 Connair Road, ORANGE, CT, 06477
- **NAICS:** 325612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Rent:** $16K
- **Mortgage interest:** $6K
- **Utilities:** $3K
- **Health care:** $52K
- **Jobs reported:** 26
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*