# PPP loan: POLYCRAFT TOOL INC
> **$172K** approved 02/19/2021 · Paid in Full · Loan `1494798509`
## Borrower
- **Name:** POLYCRAFT TOOL INC
- **Address:** 104 Paddler Ln, Georgetown, KY, 40324-1980
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*