# PPP loan: APPLIED MACHINE & MOTION CONTROL, INC
> **$351K** approved 04/05/2020 · Paid in Full · Loan `5104887008`
## Borrower
- **Name:** APPLIED MACHINE & MOTION CONTROL, INC
- **Address:** 1491 DIXIE HWY, PARK HILLS, KY, 41011-2816
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $345K (99%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 20
## Lender
- **Originating:** Heritage Bank, Inc.
- **Servicing:** Heritage Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*