# PPP loan: SETS MACHINE INC
> **$241K** approved 02/27/2021 · Paid in Full · Loan `5457888500`
## Borrower
- **Name:** SETS MACHINE INC
- **Address:** 4705 Center Blvd Apt 301, Long Island City, NY, 11109-5634
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $245K (102%)
- **Forgiveness date:** 10/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 10
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*