# PPP loan: SWISS CRAFT PRECISION GRINDING, INC.
> **$150K** approved 04/09/2020 · Paid in Full · Loan `9305447010`
## Borrower
- **Name:** SWISS CRAFT PRECISION GRINDING, INC.
- **Address:** 5496 S 200 W, BERNE, IN, 46711-9640
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $116K (78%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 12
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*