# PPP loan: CHASKA MACHINE & TOOL INC.
> **$378K** approved 02/26/2021 · Paid in Full · Loan `4700348509`
## Borrower
- **Name:** CHASKA MACHINE & TOOL INC.
- **Address:** 821 Industrial Blvd, Waconia, MN, 55387-1045
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*