# PPP loan: J.L. LUCAS MACHINERY CO INC.
> **$412K** approved 04/28/2020 · Paid in Full · Loan `7730267202`
## Borrower
- **Name:** J.L. LUCAS MACHINERY CO INC.
- **Address:** J.L. LUCAS MACHINERY  CO. INC., WATERBURY, CT, 06708
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $412K
- **Jobs reported:** 17
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*