# PPP loan: MYERS TOOL AND MACHINE COMPANY, INC.
> **$528K** approved 04/12/2020 · Paid in Full · Loan `4032327108`
## Borrower
- **Name:** MYERS TOOL AND MACHINE COMPANY, INC.
- **Address:** 156 DIXON ST, LEXINGTON, NC, 27292-7565
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $528K
- **Jobs reported:** 60
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*