# PPP loan: OLSON ALUMINUM CASTIUNG LTD
> **$702K** approved 04/11/2020 · Paid in Full · Loan `2874217107`
## Borrower
- **Name:** OLSON ALUMINUM CASTIUNG LTD
- **Address:** 2135 15th St, ROCKFORD, IL, 61104-7310
- **NAICS:** 331523
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $702K
- **Jobs reported:** 54
## Lender
- **Originating:** Illinois Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*