# PPP loan: MIDWEST MACHINE & TOOL, INC.
> **$314K** approved 04/13/2020 · Paid in Full · Loan `5461777106`
## Borrower
- **Name:** MIDWEST MACHINE & TOOL, INC.
- **Address:** 1216 E 19TH STREET, COLUMBUS, NE, 68601-3711
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 21
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*