# PPP loan: DERBYSHIRE MACHINE & TOOL CO.
> **$885K** approved 04/28/2020 · Paid in Full · Loan `1710197309`
## Borrower
- **Name:** DERBYSHIRE MACHINE & TOOL CO.
- **Address:** 5100 BELFIELD AVE, PHILADELPHIA, PA, 19144-1733
- **NAICS:** 332919
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $885K
- **Initial approval:** $885K
- **Forgiven:** $890K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $885K
- **Jobs reported:** 56
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*