# PPP loan: MULTI PRODUCTS CO., INC.
> **$280K** approved 04/09/2020 · Paid in Full · Loan `9869737009`
## Borrower
- **Name:** MULTI PRODUCTS CO., INC.
- **Address:** 5301 21ST ST, RACINE, WI, 53406-5022
- **NAICS:** 335312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $7K
- **Utilities:** $12K
- **Jobs reported:** 25
## Lender
- **Originating:** Providence Bank and Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*