# PPP loan: REED & STEFANOW MACHINE TOOL CO INC
> **$152K** approved 02/17/2021 · Paid in Full · Loan `9836088407`
## Borrower
- **Name:** REED & STEFANOW MACHINE TOOL CO INC
- **Address:** 165 Riverside Ave, Bristol, CT, 06010-6322
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 15
## Lender
- **Originating:** Torrington Savings Bank
- **Servicing:** Torrington Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*