# PPP loan: METHODS MACHINE TOOLS INC
> **$7.47M** approved 04/15/2020 · Paid in Full · Loan `1591717208`
## Borrower
- **Name:** METHODS MACHINE TOOLS INC
- **Address:** 65 Union Ave, SUDBURY, MA, 01776-2277
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $7.47M
- **Initial approval:** $7.47M
- **Forgiven:** $7.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.47M
- **Jobs reported:** 323
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*