# PPP loan: M.K. INDUSTRIES, INC.
> **$894K** approved 04/11/2020 · Paid in Full · Loan `3250827109`
## Borrower
- **Name:** M.K. INDUSTRIES, INC.
- **Address:** 998 FOREST EDGE DR, VERNON HILLS, IL, 60061-3105
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $894K
- **Initial approval:** $894K
- **Forgiven:** $900K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $671K
- **Rent:** $212K
- **Utilities:** $11K
- **Jobs reported:** 42
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*