# PPP loan: SOUTHWEST TOOL SUPPLY
> **$300K** approved 04/27/2020 · Paid in Full · Loan `5576127208`
## Borrower
- **Name:** SOUTHWEST TOOL SUPPLY
- **Address:** 1400 Millrace Dr, SALEM, VA, 24153
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 21
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*