# PPP loan: AMERICAN POWER PULL CORP.
> **$156K** approved 04/08/2020 · Paid in Full · Loan `8062537002`
## Borrower
- **Name:** AMERICAN POWER PULL CORP.
- **Address:** 2022 S DEFIANCE ST, ARCHBOLD, OH, 43502-9112
- **NAICS:** 332216
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $13K
- **Mortgage interest:** $15K
- **Utilities:** $4K
- **Jobs reported:** 13
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*