# PPP loan: W/S MACHINE & TOOL INC
> **$785K** approved 04/10/2020 · Paid in Full · Loan `2402577101`
## Borrower
- **Name:** W/S MACHINE & TOOL INC
- **Address:** 2525 S 162ND STREET, NEW BERLIN, WI, 53151-2807
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $785K
- **Initial approval:** $785K
- **Forgiven:** $796K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $785K
- **Jobs reported:** 67
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*