# PPP loan: BON TOOL COMPANY
> **$513K** approved 04/07/2020 · Paid in Full · Loan `6637847004`
## Borrower
- **Name:** BON TOOL COMPANY
- **Address:** 4430 GIBSONIA RD, GIBSONIA, PA, 15044-7945
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $128K
- **Jobs reported:** 67
## Lender
- **Originating:** Enterprise Bank
- **Servicing:** Enterprise Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*