# PPP loan: AMERICAN MACHINE & GUN DRILLING CO.
> **$166K** approved 01/17/2021 · Paid in Full · Loan `1357018306`
## Borrower
- **Name:** AMERICAN MACHINE & GUN DRILLING CO.
- **Address:** 10987 93rd Ave N, Maple Grove, MN, 55369-4105
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $166K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*