# PPP loan: RESEARCH TOOL & DIE WORKS
> **$454K** approved 04/11/2020 · Paid in Full · Loan `3476067109`
## Borrower
- **Name:** RESEARCH TOOL & DIE WORKS
- **Address:** 17124 KEEGAN AVE, CARSON, CA, 90746-1310
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $457K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Rent:** $50K
- **Utilities:** $13K
- **Health care:** $32K
- **Jobs reported:** 50
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*