# PPP loan: CLASSIC SHEET METAL INC.
> **$427K** approved 04/29/2020 · Paid in Full · Loan `2979207307`
## Borrower
- **Name:** CLASSIC SHEET METAL INC.
- **Address:** 1515 West Wrightwood, ADDISON, IL, 60101
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Utilities:** $240
- **Jobs reported:** 38
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*