# PPP loan: MARION MOLD & TOOL INC.
> **$712K** approved 01/27/2021 · Paid in Full · Loan `6845098310`
## Borrower
- **Name:** MARION MOLD & TOOL INC.
- **Address:** 176 Rifton Dr, Marion, VA, 24354-6786
- **NAICS:** 332710
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $712K
- **Initial approval:** $712K
- **Forgiven:** $717K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $712K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** The Bank of Marion
- **Servicing:** The Bank of Marion (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*