# PPP loan: INDEPENDENT TOOL AND MANUFACTURING
> **$168K** approved 05/01/2020 · Paid in Full · Loan `7698127706`
## Borrower
- **Name:** INDEPENDENT TOOL AND MANUFACTURING
- **Address:** 661 44TH ST, ALLEGAN, MI, 49010-9331
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 20
## 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*