# PPP loan: SMT MACHINE & TOOL INC.
> **$310K** approved 04/10/2020 · Paid in Full · Loan `1909217103`
## Borrower
- **Name:** SMT MACHINE & TOOL INC.
- **Address:** 1325 CORNELL RD, GREEN BAY, WI, 54313-8922
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Jobs reported:** 21
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*