# PPP loan: FAXON MACHINING, INC
> **$1.68M** approved 04/09/2020 · Paid in Full · Loan `9097417006`
## Borrower
- **Name:** FAXON MACHINING, INC
- **Address:** 11101 ADWOOD DR, CINCINNATI, OH, 45240-3235
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Rent:** $95K
- **Utilities:** $49K
- **Health care:** $154K
- **Debt interest:** $48K
- **Jobs reported:** 116
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*