# PPP loan: SUPERIOR MACHINE INC.
> **$798K** approved 01/20/2021 · Paid in Full · Loan `2311748301`
## Borrower
- **Name:** SUPERIOR MACHINE INC.
- **Address:** 31 B Ave W, Albia, IA, 52531-1505
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $803K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $797K
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** Access Bank
- **Servicing:** Access Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*