# PPP loan: PAX MACHINE WORKS, INC.
> **$3.34M** approved 04/07/2020 · Paid in Full · Loan `6688607002`
## Borrower
- **Name:** PAX MACHINE WORKS, INC.
- **Address:** 5139 MONROE RD P O Box 338, CELINA, OH, 45822-9033
- **NAICS:** 336370
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.34M
- **Initial approval:** $3.34M
- **Forgiven:** $3.38M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.84M
- **Mortgage interest:** $16K
- **Utilities:** $116K
- **Health care:** $6K
- **Debt interest:** $360K
- **Jobs reported:** 208
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*