# PPP loan: AMERICAN TOOL COMPANY
> **$236K** approved 04/09/2020 · Paid in Full · Loan `8931527002`
## Borrower
- **Name:** AMERICAN TOOL COMPANY
- **Address:** 623 GEORGE WASHINGTON HWY, LINCOLN, RI, 02865-4245
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 16
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*