# PPP loan: PERFORMANCE TOOL, INC.
> **$232K** approved 04/08/2020 · Paid in Full · Loan `8230497003`
## Borrower
- **Name:** PERFORMANCE TOOL, INC.
- **Address:** 103 PERFORMANCE DRIVE, PORTLAND, IN, 47371-9012
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 20
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*