# PPP loan: DIMECH SERVICES INC.
> **$694K** approved 04/15/2020 · Paid in Full · Loan `8325837110`
## Borrower
- **Name:** DIMECH SERVICES INC.
- **Address:** 5505 ENTERPRISE BLVD, TOLEDO, OH, 43612-3814
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $698K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Rent:** $52K
- **Utilities:** $52K
- **Jobs reported:** 45
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*