# PPP loan: AHB TOOL & MACHINERY LLC
> **$1.01M** approved 04/03/2020 · Paid in Full · Loan `4493807004`
## Borrower
- **Name:** AHB TOOL & MACHINERY LLC
- **Address:** 1658 CHAMPAGNE DR, SAGINAW, MI, 48604-9202
- **NAICS:** 423840
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $934K
- **Rent:** $43K
- **Utilities:** $3K
- **Debt interest:** $34K
- **Jobs reported:** 49
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*