# PPP loan: ACHESON FOUNDRY AND MACHINE WORKS INC
> **$181K** approved 04/15/2020 · Paid in Full · Loan `9550827108`
## Borrower
- **Name:** ACHESON FOUNDRY AND MACHINE WORKS INC
- **Address:** 511 W 38TH ST, CHATTANOOGA, TN, 37410
- **NAICS:** 331511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $184K (102%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 17
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*