# PPP loan: CHAMPION CHISEL WORKS, INC.
> **$214K** approved 04/15/2020 · Paid in Full · Loan `1856367206`
## Borrower
- **Name:** CHAMPION CHISEL WORKS, INC.
- **Address:** 804 E. 18TH ST, ROCK FALLS, IL, 61071-2128
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 16
## Lender
- **Originating:** Sauk Valley Bank & Trust Company
- **Servicing:** Sauk Valley Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*