# PPP loan: TOOLING SPECIALISTS INC
> **$696K** approved 04/08/2020 · Paid in Full · Loan `7795367002`
## Borrower
- **Name:** TOOLING SPECIALISTS INC
- **Address:** 433 Fayette Street PO Box 828, LATROBE, PA, 15650-5341
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 57
## Lender
- **Originating:** Somerset Trust Company
- **Servicing:** Somerset Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*