# PPP loan: KNUTH MACHINE TOOLS USA INC
> **$300K** approved 05/25/2020 · Paid in Full · Loan `3077847807`
## Borrower
- **Name:** KNUTH MACHINE TOOLS USA INC
- **Address:** 590 Bond St, LINCOLNSHIRE, IL, 60069
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $297K (99%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 17
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*