# PPP loan: GREAT LAKES CARBIDE TOOL MFG I
> **$1.31M** approved 04/07/2020 · Paid in Full · Loan `7289117005`
## Borrower
- **Name:** GREAT LAKES CARBIDE TOOL MFG I
- **Address:** 101 OLD PESHTIGO RD, PESHTIGO, WI, 54157-1728
- **NAICS:** 332216
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Rent:** $98K
- **Utilities:** $47K
- **Jobs reported:** 100
## Lender
- **Originating:** The Stephenson National Bank and Trust
- **Servicing:** The Stephenson National Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*