# PPP loan: INDUSTRIAL TOOL COMPANY INC
> **$312K** approved 01/27/2021 · Paid in Full · Loan `7104248304`
## Borrower
- **Name:** INDUSTRIAL TOOL COMPANY INC
- **Address:** 4760 Faircrest St SW, Canton, OH, 44706-3516
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 24
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*