# PPP loan: PROMPTON TOOL INC
> **$843K** approved 04/07/2020 · Paid in Full · Loan `6661937007`
## Borrower
- **Name:** PROMPTON TOOL INC
- **Address:** 120 Sunrise Avenue, HONESDALE, PA, 18431-1028
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $852K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Jobs reported:** 70
## Lender
- **Originating:** Wayne Bank
- **Servicing:** Wayne Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*