# PPP loan: AMERICAN MACHINING INC.
> **$176K** approved 04/15/2020 · Paid in Full · Loan `1579777201`
## Borrower
- **Name:** AMERICAN MACHINING INC.
- **Address:** 715 Scenic Drive, DAISYTOWN, PA, 15427
- **NAICS:** 332420
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $211K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 10
## Lender
- **Originating:** Community Bank
- **Servicing:** Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*