# PPP loan: ROBINETTE DEMOLITION INC.
> **$1.18M** approved 02/04/2021 · Paid in Full · Loan `2801138407`
## Borrower
- **Name:** ROBINETTE DEMOLITION INC.
- **Address:** 0 South 560 Route 83, Oakbrook Terrace, IL, 60181
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.18M
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*