# PPP loan: ACTION TOOL & MACHINE, INC.
> **$323K** approved 04/27/2020 · Paid in Full · Loan `4413517208`
## Borrower
- **Name:** ACTION TOOL & MACHINE, INC.
- **Address:** 5976 Ford Ct, Brighton, MI, 48116-8511
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 25
## Lender
- **Originating:** Financial Plus CU
- **Servicing:** Financial Plus CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*