# PPP loan: NEW BREMEN MACHINE & TOOL CO. INC.
> **$321K** approved 04/07/2020 · Paid in Full · Loan `6723987007`
## Borrower
- **Name:** NEW BREMEN MACHINE & TOOL CO. INC.
- **Address:** 705 KUENZEL DR, NEW BREMEN, OH, 45869-8600
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 26
## Lender
- **Originating:** First National Bank in New Bremen
- **Servicing:** First National Bank in New Bremen (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*