# PPP loan: EDWARDS MACHINING, INC.
> **$1.02M** approved 04/05/2020 · Paid in Full · Loan `5520487005`
## Borrower
- **Name:** EDWARDS MACHINING, INC.
- **Address:** 2335 RESEARCH DR, JACKSON, MI, 49203-6407
- **NAICS:** 336991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $815K
- **Mortgage interest:** $153K
- **Utilities:** $51K
- **Jobs reported:** 61
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*