# PPP loan: MACHINE SPECIALTIES, INC.
> **$3.19M** approved 04/08/2020 · Paid in Full · Loan `8060947003`
## Borrower
- **Name:** MACHINE SPECIALTIES, INC.
- **Address:** 6511 Franz Warner Parkway, WHITSETT, NC, 27377-9215
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.19M
- **Initial approval:** $3.19M
- **Forgiven:** $3.22M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.19M
- **Jobs reported:** 233
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*