# PPP loan: PAROC INC
> **$154K** approved 04/28/2020 · Paid in Full · Loan `8115837210`
## Borrower
- **Name:** PAROC INC
- **Address:** 3410 MALL DR, EAU CLAIRE, WI, 54701-7633
- **NAICS:** 611511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $13K
- **Utilities:** $11K
- **Jobs reported:** 32
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*