# PPP loan: THE PETIT TOOL CO.
> **$212K** approved 04/07/2020 · Paid in Full · Loan `6658077008`
## Borrower
- **Name:** THE PETIT TOOL CO.
- **Address:** 1387 WATERBURY RD, THOMASTON, CT, 06787-2030
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 25
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*