# PPP loan: ANDERSON-MARTIN MACHINE COMPANY
> **$197K** approved 04/14/2020 · Paid in Full · Loan `6832767108`
## Borrower
- **Name:** ANDERSON-MARTIN MACHINE COMPANY
- **Address:** 501 S PHOENIX AVE, FORT SMITH, AR, 72916-8008
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $25K
- **Utilities:** $13K
- **Jobs reported:** 15
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*