# PPP loan: PAPER MACHINERY HOLDING CORPORATION
> **$4.62M** approved 04/15/2020 · Paid in Full · Loan `8987627105`
## Borrower
- **Name:** PAPER MACHINERY HOLDING CORPORATION
- **Address:** 8900 W. Bradley Road, MILWAUKEE, WI, 53224
- **NAICS:** 333243
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.62M
- **Initial approval:** $4.62M
- **Forgiven:** $4.68M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.28M
- **Mortgage interest:** $10K
- **Utilities:** $50K
- **Health care:** $419K
- **Debt interest:** $865K
- **Jobs reported:** 235
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*