# PPP loan: JAPAN MACHINE TOOLS CORP.
> **$446K** approved 01/22/2021 · Paid in Full · Loan `3505008305`
## Borrower
- **Name:** JAPAN MACHINE TOOLS CORP.
- **Address:** 9553 Clay Rd, Houston, TX, 77080-1314
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 23
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*