# PPP loan: AVERS MACHINE AND GEAR
> **$388K** approved 02/04/2021 · Paid in Full · Loan `2957868410`
## Borrower
- **Name:** AVERS MACHINE AND GEAR
- **Address:** 3999 25th Ave, Schiller Park, IL, 60176-2175
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 35
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*