# PPP loan: SILICON CARBIDE PRODUCTS, INC.
> **$260K** approved 04/08/2020 · Paid in Full · Loan `8408177010`
## Borrower
- **Name:** SILICON CARBIDE PRODUCTS, INC.
- **Address:** 361 DANIEL ZENKER DR, HORSEHEADS, NY, 14845-1008
- **NAICS:** 327120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 28
## Lender
- **Originating:** Citizens & Northern Bank
- **Servicing:** Citizens & Northern Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*