# PPP loan: GRIFFIN TOOL INC
> **$1.59M** approved 04/01/2021 · Paid in Full · Loan `4852838709`
## Borrower
- **Name:** GRIFFIN TOOL INC
- **Address:** 2951 Johnson Rd, Stevensville, MI, 49127-1216
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 59
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*