# PPP loan: HALSTEAD MACHINE INC.
> **$440K** approved 04/03/2020 · Paid in Full · Loan `4410307002`
## Borrower
- **Name:** HALSTEAD MACHINE INC.
- **Address:** 127 West SHORE BLVD, NEWARK, NY, 14513-1259
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Health care:** $11K
- **Jobs reported:** 38
## Lender
- **Originating:** The Lyons National Bank
- **Servicing:** The Lyons National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*