# PPP loan: DEFENSE RESEARCH ASSOCIATES, INC
> **$540K** approved 04/15/2020 · Paid in Full · Loan `9004327103`
## Borrower
- **Name:** DEFENSE RESEARCH ASSOCIATES, INC
- **Address:** 3215 Germany Lane, DAYTON, OH, 45431-1710
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $590K
- **Forgiven:** $297K (55%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Jobs reported:** 22
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*