# PPP loan: SNAVELY'S MACHINE AND MFG. CO. INC.
> **$1.99M** approved 02/11/2021 · Paid in Full · Loan `7357008409`
## Borrower
- **Name:** SNAVELY'S MACHINE AND MFG. CO. INC.
- **Address:** 1070 Industrial Pkwy, Peru, IN, 46970-9589
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.99M
- **Utilities:** $1
- **Jobs reported:** 193
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*