# PPP loan: J-TEC METAL PRODUCTS, INC.
> **$165K** approved 04/15/2020 · Paid in Full · Loan `2013167201`
## Borrower
- **Name:** J-TEC METAL PRODUCTS, INC.
- **Address:** 1320 W Ardmore Ave, ITASCA, IL, 60143
- **NAICS:** 331315
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $25K
- **Utilities:** $16K
- **Jobs reported:** 15
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*