# PPP loan: MACHINE TOOL SPECIALTIES, INC
> **$291K** approved 04/06/2020 · Paid in Full · Loan `5798647010`
## Borrower
- **Name:** MACHINE TOOL SPECIALTIES, INC
- **Address:** 5280 s 100TH EAST AVE, TULSA, OK, 74146-5729
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 19
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*