# PPP loan: LOGANSPORT MACHINE CO., INC.
> **$507K** approved 01/22/2021 · Paid in Full · Loan `4107808308`
## Borrower
- **Name:** LOGANSPORT MACHINE CO., INC.
- **Address:** 1200 W Linden Ave, Logansport, IN, 46947-2950
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $510K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $507K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*