# PPP loan: CAI CUSTOM ALLOYS INC.
> **$312K** approved 01/21/2021 · Paid in Full · Loan `3320108304`
## Borrower
- **Name:** CAI CUSTOM ALLOYS INC.
- **Address:** 1462 US Highway 20, Belvidere, IL, 61008-8413
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles 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*