# PPP loan: MAJESTIC TOOL AND MACHINE INC
> **$207K** approved 01/28/2021 · Paid in Full · Loan `7621448303`
## Borrower
- **Name:** MAJESTIC TOOL AND MACHINE INC
- **Address:** 30700 Carter St, Solon, OH, 44139-3568
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*