# PPP loan: ONODI TOOL & ENGINEERING CO
> **$486K** approved 04/13/2020 · Paid in Full · Loan `5634747107`
## Borrower
- **Name:** ONODI TOOL & ENGINEERING CO
- **Address:** 19150 MEGINNITY ST, MELVINDALE, MI, 48122-1934
- **NAICS:** 336992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Jobs reported:** 38
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*