# PPP loan: INDIANA TOOL & MFG. CO., INC.
> **$1.69M** approved 04/05/2020 · Paid in Full · Loan `5359347001`
## Borrower
- **Name:** INDIANA TOOL & MFG. CO., INC.
- **Address:** 6100 Michigan Rd, PLYMOUTH, IN, 46563-7798
- **NAICS:** 332111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.50M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Utilities:** $148K
- **Health care:** $189K
- **Jobs reported:** 102
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*