# PPP loan: CHICAGO WELDING & FABRICATION CORPORATION
> **$160K** approved 01/16/2021 · Paid in Full · Loan `1045938301`
## Borrower
- **Name:** CHICAGO WELDING & FABRICATION CORPORATION
- **Address:** 281 Beinoris Dr, Wood Dale, IL, 60191-1251
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*