# PPP loan: MECHANICAL & INDUSTRIAL STEEL SERVICES, INC.
> **$954K** approved 04/10/2020 · Paid in Full · Loan `1381737107`
## Borrower
- **Name:** MECHANICAL & INDUSTRIAL STEEL SERVICES, INC.
- **Address:** 24226 S Northern Illinois Dr, Channahon, IL, 60410-5111
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $954K
- **Initial approval:** $954K
- **Forgiven:** $967K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $954K
- **Jobs reported:** 37
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*