# PPP loan: THE DALE ASSOCIATION, INC.
> **$270K** approved 04/15/2020 · Paid in Full · Loan `9240187100`
## Borrower
- **Name:** THE DALE ASSOCIATION, INC.
- **Address:** 33 Ontario Street, Lockport, NY, 14094
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $6K
- **Utilities:** $12K
- **Health care:** $6K
- **Debt interest:** $2K
- **Jobs reported:** 42
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*