# PPP loan: MEADOWBROOK MACHINE & TOOL INC
> **$252K** approved 04/10/2020 · Paid in Full · Loan `1217757100`
## Borrower
- **Name:** MEADOWBROOK MACHINE & TOOL INC
- **Address:** PO Box 685, TOCCOA, GA, 30577
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 25
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*