# PPP loan: CUSTOM MACHINE & DESIGN INC.
> **$299K** approved 01/20/2021 · Paid in Full · Loan `2024828309`
## Borrower
- **Name:** CUSTOM MACHINE & DESIGN INC.
- **Address:** 5020 N 57th St, Lincoln, NE, 68507-3119
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Five Points Bank
- **Servicing:** Five Points Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*