# PPP loan: RIPLEY TOOLS LLC
> **$1.19M** approved 04/14/2020 · Paid in Full · Loan `7764667104`
## Borrower
- **Name:** RIPLEY TOOLS LLC
- **Address:** 46 Nooks Hill Road, Cromwell, CT, 06416
- **NAICS:** 332216
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $927K
- **Rent:** $6K
- **Utilities:** $35K
- **Health care:** $60K
- **Debt interest:** $160K
- **Jobs reported:** 78
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*