# PPP loan: SANDY CREEK MINING CO., INC
> **$165K** approved 04/15/2020 · Paid in Full · Loan `8607047107`
## Borrower
- **Name:** SANDY CREEK MINING CO., INC
- **Address:** 522 POPLAR ST, FOSTORIA, OH, 44830-2105
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $17K
- **Utilities:** $17K
- **Jobs reported:** 15
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*