# PPP loan: FRONHOFER TOOL COMPANY INC
> **$485K** approved 01/23/2021 · Paid in Full · Loan `4343188303`
## Borrower
- **Name:** FRONHOFER TOOL COMPANY INC
- **Address:** 4197 County Route 48, Argyle, NY, 12809-1704
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $485K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*