# PPP loan: DW TOOL INC
> **$2.13M** approved 04/08/2020 · Paid in Full · Loan `8814647004`
## Borrower
- **Name:** DW TOOL INC
- **Address:** 5830 State Hwy V, JACKSON, MO, 63755
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.16M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.84M
- **Rent:** $117K
- **Utilities:** $175K
- **Jobs reported:** 86
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*