# PPP loan: T & L SHARPENING INC
> **$165K** approved 04/28/2020 · Paid in Full · Loan `7302227205`
## Borrower
- **Name:** T & L SHARPENING INC
- **Address:** 2663 S.Freeman Rd., MONTICELLO, IN, 47960
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 14
## Lender
- **Originating:** The Fountain Trust Company
- **Servicing:** The Fountain Trust Company (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*