# PPP loan: FRONHOFER TOOL COMPANY INC.
> **$442K** approved 04/03/2020 · Paid in Full · Loan `4417867009`
## Borrower
- **Name:** FRONHOFER TOOL COMPANY INC.
- **Address:** 4197 COUNTY RD 48, ARGYLE, NY, 12809-1704
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Jobs reported:** 32
## 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*