# PPP loan: L & W TOOL AND SCREW MACHINE PRODUCTS INC
> **$334K** approved 04/28/2020 · Paid in Full · Loan `1785867303`
## Borrower
- **Name:** L & W TOOL AND SCREW MACHINE PRODUCTS INC
- **Address:** 1447 Ardmore Ave, Itasca, IL, 60143
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $5K
- **Utilities:** $5K
- **Jobs reported:** 24
## Lender
- **Originating:** Parkway Bank and Trust Company
- **Servicing:** Parkway Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*