# PPP loan: UNITED TOOL & LASER ENGINEERING
> **$380K** approved 02/04/2021 · Paid in Full · Loan `3250828410`
## Borrower
- **Name:** UNITED TOOL & LASER ENGINEERING
- **Address:** 4095 Prairie Hill Rd, South Beloit, IL, 61080-2518
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $382K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 38
## Lender
- **Originating:** The First National Bank and Trust Company
- **Servicing:** The First National Bank and Trust Company (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*