# PPP loan: TOOL-MASTERS TOOL & STAMPINGS INC
> **$284K** approved 04/08/2020 · Paid in Full · Loan `8577997010`
## Borrower
- **Name:** TOOL-MASTERS TOOL & STAMPINGS INC
- **Address:** 204 N Stanley St PO BOX 507, GRANT PARK, IL, 60940-0507
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Jobs reported:** 16
## Lender
- **Originating:** The First Trust and Savings Bank of Watseka
- **Servicing:** The First Trust and Savings Bank of Watseka (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*