# PPP loan: MACHINE DYNAMICS & ENGINEERING, INC.
> **$986K** approved 04/04/2020 · Paid in Full · Loan `4661017003`
## Borrower
- **Name:** MACHINE DYNAMICS & ENGINEERING, INC.
- **Address:** 9312 ARROW RD, MINERVA, OH, 44657-8742
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $986K
- **Jobs reported:** 98
## Lender
- **Originating:** Consumers National Bank
- **Servicing:** Consumers National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*