# PPP loan: MICRO TOOL COMPANY
> **$783K** approved 04/14/2020 · Paid in Full · Loan `6300827101`
## Borrower
- **Name:** MICRO TOOL COMPANY
- **Address:** 284 Brodhead Road, Bethlehem, PA, 18017
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $788K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $587K
- **Rent:** $98K
- **Utilities:** $98K
- **Jobs reported:** 53
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*