# PPP loan: CGS MACHINE & TOOL INC.
> **$638K** approved 04/09/2020 · Paid in Full · Loan `9544887010`
## Borrower
- **Name:** CGS MACHINE & TOOL INC.
- **Address:** 2750 Griffin Dr., Bowling Green, KY, 42101-5317
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Jobs reported:** 50
## Lender
- **Originating:** Franklin Bank & Trust Company
- **Servicing:** Franklin Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*