# PPP loan: ALLOY MECHANICAL INC.
> **$448K** approved 06/10/2020 · Paid in Full · Loan `1599997902`
## Borrower
- **Name:** ALLOY MECHANICAL INC.
- **Address:** 17865 Chappel, LANSING, IL, 60438
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 42
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*