# PPP loan: OLCO INC
> **$480K** approved 04/14/2020 · Paid in Full · Loan `7918227105`
## Borrower
- **Name:** OLCO INC
- **Address:** 24053 VOTE RD, BATESVILLE, IN, 47006
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Jobs reported:** 40
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*