# PPP loan: LOUGHMILLER MACHINE, TOOL & DESIGN, INC
> **$491K** approved 04/04/2020 · Paid in Full · Loan `4660347006`
## Borrower
- **Name:** LOUGHMILLER MACHINE, TOOL & DESIGN, INC
- **Address:** 12851 E  150 N, LOOGOOTEE, IN, 47553-5385
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Jobs reported:** 53
## Lender
- **Originating:** Springs Valley Bank & Trust Company
- **Servicing:** Springs Valley Bank & Trust Company (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*