# PPP loan: BAXTER MACHINE & TOOL
> **$242K** approved 04/28/2020 · Paid in Full · Loan `7057737200`
## Borrower
- **Name:** BAXTER MACHINE & TOOL
- **Address:** 103 N HORTON ST, JACKSON, MI, 49202
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 18
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*