# PPP loan: NYMAT MACHINE TOOL CORP
> **$474K** approved 02/02/2021 · Paid in Full · Loan `1645388404`
## Borrower
- **Name:** NYMAT MACHINE TOOL CORP
- **Address:** 2650 Baird Rd, Fairport, NY, 14450-1224
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $474K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** ESL FCU
- **Servicing:** ESL FCU (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*