# PPP loan: VEIT TOOL & GAGE INC.
> **$161K** approved 02/04/2021 · Paid in Full · Loan `3239578406`
## Borrower
- **Name:** VEIT TOOL & GAGE INC.
- **Address:** 303 S Dayton St, Davison, MI, 48423-1501
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Credit Union One
- **Servicing:** Credit Union One (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*