# PPP loan: ALUMITEC LTD.
> **$166K** approved 01/20/2021 · Paid in Full · Loan `2379738305`
## Borrower
- **Name:** ALUMITEC LTD.
- **Address:** 4115 W Grand Ave, Chicago, IL, 60651-1802
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 11
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*