# PPP loan: STOELTING COMPANY
> **$331K** approved 05/01/2020 · Paid in Full · Loan `1059727705`
## Borrower
- **Name:** STOELTING COMPANY
- **Address:** ATTN  MARK COCHRAN CEO 620 WHEAT LN, WOOD DALE, IL, 60191
- **NAICS:** 337127
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $286K
- **Utilities:** $9K
- **Health care:** $36K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*