# PPP loan: UNITED TOOL & MACHINE CORPORATION
> **$465K** approved 04/15/2020 · Paid in Full · Loan `9686247110`
## Borrower
- **Name:** UNITED TOOL & MACHINE CORPORATION
- **Address:** 98 EAMES ST, WILMINGTON, MA, 01887-3370
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 55
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*