# PPP loan: TRU-TOOL, INC.
> **$161K** approved 04/04/2020 · Paid in Full · Loan `4868857005`
## Borrower
- **Name:** TRU-TOOL, INC.
- **Address:** 14100 LEETSBIR ROAD, STURTEVANT, WI, 53177-2156
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $8K
- **Mortgage interest:** $5K
- **Utilities:** $6K
- **Health care:** $8K
- **Jobs reported:** 15
## Lender
- **Originating:** Community State Bank
- **Servicing:** Community State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*