# PPP loan: D.P. TOOL & MACHINE, INC
> **$1.30M** approved 04/10/2020 · Paid in Full · Loan `1930817100`
## Borrower
- **Name:** D.P. TOOL & MACHINE, INC
- **Address:** 5638 Tec drive, AVON, NY, 14414-9548
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.20M (93%)
- **Forgiveness date:** 02/11/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $978K
- **Rent:** $195K
- **Utilities:** $45K
- **Health care:** $79K
- **Jobs reported:** 96
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*