# PPP loan: SMW TOOLING
> **$207K** approved 04/27/2020 · Paid in Full · Loan `4512567207`
## Borrower
- **Name:** SMW TOOLING
- **Address:** 11781 GREENWAY DR, HOLLAND, MI, 49424
- **NAICS:** 333991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $4K
- **Utilities:** $3K
- **Jobs reported:** 14
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*