# PPP loan: AMERICAN TOOL COMPANY
> **$249K** approved 01/23/2021 · Paid in Full · Loan `4711038309`
## Borrower
- **Name:** AMERICAN TOOL COMPANY
- **Address:** 623 George Washington Hwy, Lincoln, RI, 02865-4245
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 05/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*