# PPP loan: CIMCO RESOURCES, INC.
> **$1.93M** approved 04/10/2020 · Paid in Full · Loan `1318667107`
## Borrower
- **Name:** CIMCO RESOURCES, INC.
- **Address:** 1616 Windsor Road 0.0, Loves Park, IL, 61111-4252
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Health care:** $200K
- **Jobs reported:** 161
## 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*