# PPP loan: PONCA MACHINE COMPANY
> **$159K** approved 01/20/2021 · Paid in Full · Loan `2138298303`
## Borrower
- **Name:** PONCA MACHINE COMPANY
- **Address:** 3913 Santa Fe St, Ponca City, OK, 74601-1064
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** RCB Bank
- **Servicing:** RCB Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*