# PPP loan: TOOLRITE MFG. CO. INC
> **$859K** approved 03/18/2021 · Paid in Full · Loan `4258308602`
## Borrower
- **Name:** TOOLRITE MFG. CO. INC
- **Address:** 16400 W Lincoln Ave, New Berlin, WI, 53151-2850
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $859K
- **Initial approval:** $859K
- **Forgiven:** $862K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $859K
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** WaterStone Bank, SSB
- **Servicing:** WaterStone Bank, SSB (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*