# PPP loan: NORTHWEST INSTRUMENT, INC.
> **$160K** approved 04/13/2020 · Paid in Full · Loan `4828117110`
## Borrower
- **Name:** NORTHWEST INSTRUMENT, INC.
- **Address:** 69 King Sreet, Dover, NJ, 07801
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $29K
- **Utilities:** $818
- **Jobs reported:** 15
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*