# PPP loan: INDROLECT CO., INC.
> **$278K** approved 05/01/2020 · Paid in Full · Loan `8121647709`
## Borrower
- **Name:** INDROLECT CO., INC.
- **Address:** 630 WYOMING AVE W, CINCINNATI, OH, 45215
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 40
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*