# PPP loan: TOLOMATIC, INC.
> **$3.66M** approved 04/10/2020 · Paid in Full · Loan `2271477105`
## Borrower
- **Name:** TOLOMATIC, INC.
- **Address:** 3800 Country Road 116, HAMEL, MN, 55340
- **NAICS:** 336999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.66M
- **Initial approval:** $3.66M
- **Forgiven:** $3.70M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.66M
- **Jobs reported:** 216
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*