# PPP loan: DEARBORN TOOL & MANUFACTURING INC.
> **$487K** approved 01/20/2021 · Paid in Full · Loan `2335458302`
## Borrower
- **Name:** DEARBORN TOOL & MANUFACTURING INC.
- **Address:** 7749 S Grant St, Burr Ridge, IL, 60527-5944
- **NAICS:** 333517
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $487K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*