# PPP loan: OGI PROCESS EQUIPMENT INC.
> **$943K** approved 04/09/2020 · Paid in Full · Loan `9597897006`
## Borrower
- **Name:** OGI PROCESS EQUIPMENT INC.
- **Address:** 8939 W. 21st St., SAND SPRINGS, OK, 74063-8515
- **NAICS:** 332420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $950K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Rent:** $49K
- **Utilities:** $139K
- **Debt interest:** $774
- **Jobs reported:** 67
## 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*