# PPP loan: SCIENTIFIC METAL TREATING CO
> **$340K** approved 04/11/2020 · Paid in Full · Loan `3028907108`
## Borrower
- **Name:** SCIENTIFIC METAL TREATING CO
- **Address:** 106 Chancellor Dr, ROSELLE, IL, 60172-3903
- **NAICS:** 333519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Jobs reported:** 31
## 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*