# PPP loan: ILLINOIS WATER TECHNOLOGIES, INC.
> **$315K** approved 01/16/2021 · Paid in Full · Loan `1215238307`
## Borrower
- **Name:** ILLINOIS WATER TECHNOLOGIES, INC.
- **Address:** 5443 Swanson Ct, Roscoe, IL, 61073-7174
- **NAICS:** 811490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** CBI Bank and Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*