# PPP loan: ELECTRONIC BUSINESS MACHINES INC
> **$176K** approved 01/30/2021 · Paid in Full · Loan `8909238303`
## Borrower
- **Name:** ELECTRONIC BUSINESS MACHINES INC
- **Address:** 1408 Versailles Rd, Lexington, KY, 40504-1119
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*