# PPP loan: MACHINERY + PLANNING, INC.
> **$218K** approved 04/15/2020 · Paid in Full · Loan `1327907207`
## Borrower
- **Name:** MACHINERY + PLANNING, INC.
- **Address:** 1655 N LANCASTER RD, SOUTH ELGIN, IL, 60177
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 12
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*