# PPP loan: TAYLOR FORGE ENGINEERED SYSTEMS, INC.
> **$3.46M** approved 04/09/2020 · Paid in Full · Loan `1126597105`
## Borrower
- **Name:** TAYLOR FORGE ENGINEERED SYSTEMS, INC.
- **Address:** 208 N. IRON ST, PAOLA, KS, 66071-1207
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.46M
- **Initial approval:** $3.46M
- **Forgiven:** $3.51M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.30M
- **Utilities:** $160K
- **Jobs reported:** 223
## 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*