# PPP loan: SOLDY MANUFACTURING INC
> **$755K** approved 05/01/2020 · Paid in Full · Loan `2444947702`
## Borrower
- **Name:** SOLDY MANUFACTURING INC
- **Address:** 9370 W BYRON, SCHILLER PARK, IL, 60176
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $755K
- **Initial approval:** $755K
- **Forgiven:** $761K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Utilities:** $34K
- **Health care:** $71K
- **Jobs reported:** 62
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*