# PPP loan: SPENCER MACHINE AND TOOL COMPANY, INC.
> **$252K** approved 04/13/2020 · Paid in Full · Loan `5709367106`
## Borrower
- **Name:** SPENCER MACHINE AND TOOL COMPANY, INC.
- **Address:** 6205 GHEENS MILL ROAD 6205 GHEENS RD, JEFFERSONVILLE, IN, 47130
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 25
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*