# PPP loan: WASHINGTON TOOL & MACHINE COMPANY, INC.
> **$405K** approved 04/04/2020 · Paid in Full · Loan `4736867006`
## Borrower
- **Name:** WASHINGTON TOOL & MACHINE COMPANY, INC.
- **Address:** 1 BAIRD AVE, WASHINGTON, PA, 15301-5611
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Utilities:** $101K
- **Jobs reported:** 38
## Lender
- **Originating:** Enterprise Bank
- **Servicing:** Enterprise Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*