# PPP loan: CUSTOM MACHINING INC
> **$247K** approved 07/16/2020 · Paid in Full · Loan `4337838105`
## Borrower
- **Name:** CUSTOM MACHINING INC
- **Address:** 10815 Mankato St, Blaine, MN, 55449
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (100%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Health care:** $27K
- **Jobs reported:** 17
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*