# PPP loan: RONSON MACHINE & MANUFACTURING
> **$617K** approved 04/11/2020 · Paid in Full · Loan `3344107106`
## Borrower
- **Name:** RONSON MACHINE & MANUFACTURING
- **Address:** 3000 S. Jackson, INDEPENDENCE, MO, 64057
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Rent:** $60K
- **Utilities:** $33K
- **Debt interest:** $28K
- **Jobs reported:** 83
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*