# PPP loan: JEFFERSON MACHINE COMPANY INC.
> **$542K** approved 02/04/2021 · Paid in Full · Loan `2879978401`
## Borrower
- **Name:** JEFFERSON MACHINE COMPANY INC.
- **Address:** 954 Route 119, Punxsutawney, PA, 15767-3434
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 41
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*