# PPP loan: UNDERWOOD MACHINERY INC
> **$297K** approved 04/09/2020 · Paid in Full · Loan `9054017004`
## Borrower
- **Name:** UNDERWOOD MACHINERY INC
- **Address:** 940 W Troy Ave, INDIANAPOLIS, IN, 46225-2244
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 15
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*