# PPP loan: WILLIAMS TOOL INC
> **$347K** approved 04/15/2020 · Paid in Full · Loan `9514467110`
## Borrower
- **Name:** WILLIAMS TOOL INC
- **Address:** 9372 Elm Street, Chadwicks, NY, 13319
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $6K
- **Health care:** $12K
- **Debt interest:** $71K
- **Jobs reported:** 38
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*