# PPP loan: SUPERIOR MACHINE, INC.
> **$753K** approved 04/08/2020 · Paid in Full · Loan `7919417007`
## Borrower
- **Name:** SUPERIOR MACHINE, INC.
- **Address:** 31 B AVENUE WEST, ALBIA, IA, 52531-1505
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $753K
- **Initial approval:** $753K
- **Forgiven:** $758K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $672K
- **Health care:** $81K
- **Jobs reported:** 81
## Lender
- **Originating:** Access Bank
- **Servicing:** Access Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*