# PPP loan: PAL'S MACHINING, INC
> **$203K** approved 01/16/2021 · Paid in Full · Loan `1053448307`
## Borrower
- **Name:** PAL'S MACHINING, INC
- **Address:** 36452 Clear Lake Dr, Waseca, MN, 56093-4615
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 14
## Lender
- **Originating:** United Prairie Bank
- **Servicing:** United Prairie Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*