# PPP loan: PROFESSIONAL METERS INC.
> **$1.53M** approved 01/21/2021 · Paid in Full · Loan `2702168301`
## Borrower
- **Name:** PROFESSIONAL METERS INC.
- **Address:** 3605 N State Route 47, Morris, IL, 60450-8217
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 132
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*