# PPP loan: MIDWEST TOOL INC
> **$245K** approved 01/17/2021 · Paid in Full · Loan `1375708305`
## Borrower
- **Name:** MIDWEST TOOL INC
- **Address:** 3637 Enterprise Ave, Joplin, MO, 64801-9189
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 18
## Lender
- **Originating:** Southwest Missouri Bank
- **Servicing:** Southwest Missouri Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*