# PPP loan: TIBOR MACHINE PRODUCTS
> **$1.04M** approved 01/20/2021 · Paid in Full · Loan `2463898310`
## Borrower
- **Name:** TIBOR MACHINE PRODUCTS
- **Address:** 7400 W 100th Pl, Bridgeview, IL, 60455-2406
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.04M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*