# PPP loan: ARBOR GAGE & TOOLING INC
> **$493K** approved 01/28/2021 · Paid in Full · Loan `7427638308`
## Borrower
- **Name:** ARBOR GAGE & TOOLING INC
- **Address:** 2031 Calvin Ave SE, Grand Rapids, MI, 49507-3305
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 41
## Lender
- **Originating:** West Michigan Community Bank
- **Servicing:** West Michigan Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*