# PPP loan: BI-STATE RUBBER INC
> **$266K** approved 04/15/2020 · Paid in Full · Loan `9246357104`
## Borrower
- **Name:** BI-STATE RUBBER INC
- **Address:** 1611 HEADLAND DR, FENTON, MO, 63026-2836
- **NAICS:** 326220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Mortgage interest:** $1K
- **Utilities:** $9K
- **Debt interest:** $5K
- **Jobs reported:** 19
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*