# PPP loan: ABERDEEN MACHINE TOOL INC
> **$288K** approved 02/23/2021 · Paid in Full · Loan `3264898508`
## Borrower
- **Name:** ABERDEEN MACHINE TOOL INC
- **Address:** 2903 Industrial Ave, Aberdeen, SD, 57401-3346
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 24
## Lender
- **Originating:** Great Plains Bank
- **Servicing:** Great Plains Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*