# PPP loan: SWANSON TOOL MANUFACTURING, INC.
> **$257K** approved 04/06/2020 · Paid in Full · Loan `5711037002`
## Borrower
- **Name:** SWANSON TOOL MANUFACTURING, INC.
- **Address:** 71 Custer Street, WEST HARTFORD, CT, 06110-1908
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 24
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*