# PPP loan: DECATUR MOLD TOOL & ENGINEERING INC
> **$1.95M** approved 02/12/2021 · Paid in Full · Loan `7473948406`
## Borrower
- **Name:** DECATUR MOLD TOOL & ENGINEERING INC
- **Address:** 3330 N State Highway 7, North Vernon, IN, 47265-7491
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.95M
- **Utilities:** $1
- **Jobs reported:** 125
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*