# PPP loan: ASHLEY MACHINE AND TOOL CO
> **$618K** approved 04/05/2020 · Paid in Full · Loan `5189677002`
## Borrower
- **Name:** ASHLEY MACHINE AND TOOL CO
- **Address:** 1450 Shoemaker Ave, West Wyoming, PA, 18643
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $618K
- **Jobs reported:** 47
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*