# PPP loan: MANUFACTURING TECHNOLOGY, INC.
> **$1.65M** approved 04/05/2020 · Paid in Full · Loan `5592487004`
## Borrower
- **Name:** MANUFACTURING TECHNOLOGY, INC.
- **Address:** 1702 W WASHINGTON ST, SOUTH BEND, IN, 46628-2061
- **NAICS:** 333992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.88M
- **Forgiven:** $1.45M (88%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Mortgage interest:** $5K
- **Utilities:** $85K
- **Health care:** $85K
- **Debt interest:** $80K
- **Jobs reported:** 115
## 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*