# PPP loan: B-K TOOL & DESIGN INC.
> **$1.61M** approved 03/18/2021 · Paid in Full · Loan `4571838604`
## Borrower
- **Name:** B-K TOOL & DESIGN INC.
- **Address:** 480 W Main St, Kalida, OH, 45853-2024
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $1
- **Jobs reported:** 134
## Lender
- **Originating:** The Fort Jennings State Bank
- **Servicing:** The Fort Jennings State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*