# PPP loan: NORTHEAST TOOL & MFG CO., INC
> **$651K** approved 04/14/2020 · Paid in Full · Loan `7816427105`
## Borrower
- **Name:** NORTHEAST TOOL & MFG CO., INC
- **Address:** 15200 IDLEWILD RD, MATTHEWS, NC, 28104-1418
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $651K
- **Initial approval:** $651K
- **Forgiven:** $660K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $651K
- **Jobs reported:** 47
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*