# PPP loan: FLEXOVIT USA INC.
> **$1.07M** approved 04/14/2020 · Paid in Full · Loan `7846087100`
## Borrower
- **Name:** FLEXOVIT USA INC.
- **Address:** 1305 Eden Evans Center Road, Angola, NY, 14006
- **NAICS:** 327910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $863K
- **Rent:** $16K
- **Utilities:** $16K
- **Health care:** $125K
- **Debt interest:** $47K
- **Jobs reported:** 75
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*