# PPP loan: CUSTOM TOOLING SYSTEMS INC.
> **$408K** approved 01/21/2021 · Paid in Full · Loan `2709808306`
## Borrower
- **Name:** CUSTOM TOOLING SYSTEMS INC.
- **Address:** 3331 80th Ave, Zeeland, MI, 49464-9583
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $408K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*