# PPP loan: AJAX TOOL WORKS INC
> **$867K** approved 04/10/2020 · Paid in Full · Loan `2088437106`
## Borrower
- **Name:** AJAX TOOL WORKS INC
- **Address:** 10801 Franklin Ave, Franklin Park, IL, 60131-1407
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $867K
- **Initial approval:** $867K
- **Forgiven:** $873K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $867K
- **Jobs reported:** 70
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*