# PPP loan: ROSEWOOD MACHINE & TOOL CO.
> **$349K** approved 04/15/2020 · Paid in Full · Loan `9610367104`
## Borrower
- **Name:** ROSEWOOD MACHINE & TOOL CO.
- **Address:** 6423 KISER LAKE RD, ROSEWOOD, OH, 43070-8000
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $279K
- **Rent:** $32K
- **Utilities:** $18K
- **Health care:** $20K
- **Jobs reported:** 39
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*