# PPP loan: MTH TOOL COMPANY, INC.
> **$674K** approved 04/14/2020 · Paid in Full · Loan `7071917104`
## Borrower
- **Name:** MTH TOOL COMPANY, INC.
- **Address:** 401 W. MAIN ST, PLANO, IL, 60545-1436
- **NAICS:** 333991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $674K
- **Initial approval:** $674K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Rent:** $11K
- **Utilities:** $22K
- **Jobs reported:** 70
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*