# PPP loan: AMERICAN MACHINING INC.
> **$178K** approved 02/18/2021 · Paid in Full · Loan `9989048407`
## Borrower
- **Name:** AMERICAN MACHINING INC.
- **Address:** 2232 Wiggins Rd, Fenton, MI, 48430-9760
- **NAICS:** 333318
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*