# PPP loan: ELBURN METAL STAMPING, INC.
> **$179K** approved 04/28/2020 · Paid in Full · Loan `1545637305`
## Borrower
- **Name:** ELBURN METAL STAMPING, INC.
- **Address:** 44 W 210 Keslinger Rd, ELBURN, IL, 60119
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $6K
- **Utilities:** $9K
- **Jobs reported:** 22
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*