# PPP loan: AK STAMPING COMPANY INC
> **$842K** approved 04/21/2021 · Paid in Full · Loan `7551278805`
## Borrower
- **Name:** AK STAMPING COMPANY INC
- **Address:** 1159 US Highway 22, Mountainside, NJ, 07092-2808
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $842K
- **Initial approval:** $842K
- **Forgiven:** $845K (100%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $842K
- **Jobs reported:** 50
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*