# PPP loan: LOGANSPORT MACHINE CO., INC.
> **$507K** approved 05/01/2020 · Paid in Full · Loan `1328317808`
## Borrower
- **Name:** LOGANSPORT MACHINE CO., INC.
- **Address:** 1200 West Linden Avenue, Logansport, IL, 46947-2950
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $507K
- **Jobs reported:** 29
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*