# PPP loan: FAGOR AUTOMATION CORP
> **$325K** approved 05/18/2021 · Paid in Full · Loan `2928899002`
## Borrower
- **Name:** FAGOR AUTOMATION CORP
- **Address:** 2250 Estes Ave, Elk Grove Village, IL, 60007-5427
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (100%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 26
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*