# PPP loan: ALLIED MACHINE & ENGINEERING CORP
> **$6.47M** approved 04/10/2020 · Paid in Full · Loan `1511737106`
## Borrower
- **Name:** ALLIED MACHINE & ENGINEERING CORP
- **Address:** 120 Deeds Drive 0.0, Dover, OH, 44622-0036
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.47M
- **Initial approval:** $6.47M
- **Forgiven:** $6.55M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.99M
- **Rent:** $351K
- **Utilities:** $375K
- **Health care:** $753K
- **Jobs reported:** 434
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*