# PPP loan: TEMPER AXLE PRODUCTS CORPORATION
> **$280K** approved 04/08/2020 · Paid in Full · Loan `8680947004`
## Borrower
- **Name:** TEMPER AXLE PRODUCTS CORPORATION
- **Address:** 544 Persse Rd, FONDA, NY, 12068-7700
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 23
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*