# PPP loan: COLE'S MACHINE SERVICES INC.
> **$303K** approved 02/10/2021 · Paid in Full · Loan `6691068406`
## Borrower
- **Name:** COLE'S MACHINE SERVICES INC.
- **Address:** 201 W Rising St, Davison, MI, 48423-1537
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $303K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*