# PPP loan: MICRO-TECH MACHINE INC.
> **$289K** approved 02/01/2021 · Paid in Full · Loan `1202778404`
## Borrower
- **Name:** MICRO-TECH MACHINE INC.
- **Address:** 301 W Shore Blvd, Newark, NY, 14513-1261
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $289K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** The Lyons National Bank
- **Servicing:** The Lyons National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*