# PPP loan: K & A MACHINE AND TOOL INC
> **$554K** approved 01/23/2021 · Paid in Full · Loan `4449978302`
## Borrower
- **Name:** K & A MACHINE AND TOOL INC
- **Address:** 4821 W Michigan Ave, Jackson, MI, 49201-8902
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Jobs reported:** 48
## Lender
- **Originating:** CBW Bank
- **Servicing:** CBW Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*