# PPP loan: POVINELLI CUTLERY & SHARPENING SERVICES INC.
> **$242K** approved 01/30/2021 · Paid in Full · Loan `9102688302`
## Borrower
- **Name:** POVINELLI CUTLERY & SHARPENING SERVICES INC.
- **Address:** 3810 Union Rd, Buffalo, NY, 14225-4210
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*