# PPP loan: BINGAMAN PRECISION METAL SPINNING CORP.
> **$505K** approved 04/10/2020 · Paid in Full · Loan `2268857100`
## Borrower
- **Name:** BINGAMAN PRECISION METAL SPINNING CORP.
- **Address:** 1000 Carnegie Street, ROLLING MEADOWS, IL, 60008-1007
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 32
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*