# PPP loan: KROESEN TOOL COMPANY
> **$321K** approved 04/15/2020 · Paid in Full · Loan `1509477210`
## Borrower
- **Name:** KROESEN TOOL COMPANY
- **Address:** 43 Eby Chiques Rd, Mount Joy, PA, 17552
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 26
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*