# PPP loan: AXLES & GEARS, INC.
> **$356K** approved 04/09/2020 · Paid in Full · Loan `9036167010`
## Borrower
- **Name:** AXLES & GEARS, INC.
- **Address:** 567 OLD HIGHWAY 20, SOUTH SIOUX CITY, NE, 68776-4506
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 31
## Lender
- **Originating:** F & M Bank
- **Servicing:** F & M Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*