# PPP loan: WAGNER MACHINE INC.
> **$488K** approved 04/06/2020 · Paid in Full · Loan `5821947005`
## Borrower
- **Name:** WAGNER MACHINE INC.
- **Address:** 5151 WOOSTER RD, NORTON, OH, 44203-6261
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Rent:** $122K
- **Jobs reported:** 34
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*