# PPP loan: MITCHELL ADDING MACHINE CO INC
> **$280K** approved 03/20/2021 · Paid in Full · Loan `4885638606`
## Borrower
- **Name:** MITCHELL ADDING MACHINE CO INC
- **Address:** 4806 N Interstate 35, Austin, TX, 78751-3403
- **NAICS:** 812930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 26
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*