# PPP loan: BLUE RIDGE TOOL & MACHINE CO INC
> **$271K** approved 04/28/2020 · Paid in Full · Loan `7495697201`
## Borrower
- **Name:** BLUE RIDGE TOOL & MACHINE CO INC
- **Address:** 115 Hollow Oaks Lane, EASLEY, SC, 29642-1152
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Rent:** $23K
- **Utilities:** $14K
- **Health care:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*