# PPP loan: FORD TOOL STEELS, INC.
> **$155K** approved 04/07/2020 · Paid in Full · Loan `7610137008`
## Borrower
- **Name:** FORD TOOL STEELS, INC.
- **Address:** 5051 PATTISON AVE, SAINT LOUIS, MO, 63110-2037
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Utilities:** $6K
- **Debt interest:** $15K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of O'Fallon
- **Servicing:** Bank of O'Fallon (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*