# PPP loan: WORLD CLASS TOOL & MACHINE, INC.
> **$234K** approved 04/15/2020 · Paid in Full · Loan `2071237207`
## Borrower
- **Name:** WORLD CLASS TOOL & MACHINE, INC.
- **Address:** 698 QUALITY LANE, SOUTH BELOIT, IL, 61080
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 29
## Lender
- **Originating:** Illinois Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*