# PPP loan: LEITZ TOOLING SYSTEMS LP
> **$1.01M** approved 04/15/2020 · Paid in Full · Loan `9494307110`
## Borrower
- **Name:** LEITZ TOOLING SYSTEMS LP
- **Address:** 4301 East Paris Avenue SE 0.0, Grand Rapids, MI, 49512-3914
- **NAICS:** 332216
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $809K
- **Mortgage interest:** $43K
- **Utilities:** $42K
- **Health care:** $117K
- **Debt interest:** $1K
- **Jobs reported:** 80
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*