# PPP loan: SPECIALTY TOOL & SUPPLY INC.
> **$268K** approved 04/08/2020 · Paid in Full · Loan `8440137009`
## Borrower
- **Name:** SPECIALTY TOOL & SUPPLY INC.
- **Address:** 220 AIRPORT RD, GREENVILLE, NC, 27834-1407
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $30K
- **Utilities:** $17K
- **Jobs reported:** 20
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*