# PPP loan: FABRICATED METAL SYSTEMS, INC.
> **$162K** approved 05/06/2020 · Paid in Full · Loan `2759117400`
## Borrower
- **Name:** FABRICATED METAL SYSTEMS, INC.
- **Address:** 646 FORESTWOOD DR, ROMEOVILLE, IL, 60446-1378
- **NAICS:** 332321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $30K
- **Utilities:** $10K
- **Jobs reported:** 15
## Lender
- **Originating:** First Secure Bank and Trust Co.
- **Servicing:** First Secure Bank and Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*