# PPP loan: TOOL TOURING INC
> **$219K** approved 05/18/2020 · Paid in Full · Loan `8435517403`
## Borrower
- **Name:** TOOL TOURING INC
- **Address:** 2311 Empire Avenue, Burbank, CA, 91504
- **NAICS:** 711130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $123K (56%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $4K
- **Utilities:** $2K
- **Jobs reported:** 30
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*