# PPP loan: ADVANCED MACHINE & TOOL CORP
> **$1.49M** approved 03/31/2021 · Paid in Full · Loan `3400608704`
## Borrower
- **Name:** ADVANCED MACHINE & TOOL CORP
- **Address:** 3706 Transportation Dr 3706 Transportation Dr, Fort Wayne, IN, 46818-1388
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 08/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.49M
- **Utilities:** $1
- **Jobs reported:** 82
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*