# PPP loan: SPECIALTY FASTENING SYSTEMS, INC.
> **$245K** approved 04/27/2020 · Paid in Full · Loan `3784877205`
## Borrower
- **Name:** SPECIALTY FASTENING SYSTEMS, INC.
- **Address:** 424 S. Baggett St., Prairie Grove, AR, 72753-3102
- **NAICS:** 332618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 22
## Lender
- **Originating:** The Farmers & Merchants Bank
- **Servicing:** The Farmers & Merchants Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*