# PPP loan: MACHINING TECHNOLOGIES, LTD.
> **$210K** approved 04/08/2020 · Paid in Full · Loan `8092427005`
## Borrower
- **Name:** MACHINING TECHNOLOGIES, LTD.
- **Address:** 43 TOWN FOREST RD, OXFORD, MA, 01540-2845
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $3K
- **Utilities:** $3K
- **Jobs reported:** 17
## Lender
- **Originating:** Webster Five Cents Savings Bank
- **Servicing:** Webster Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*