# PPP loan: TEK PAK, INC.
> **$1.15M** approved 04/27/2020 · Paid in Full · Loan `3528867203`
## Borrower
- **Name:** TEK PAK, INC.
- **Address:** 1136 Paramount Pkwy, BATAVIA, IL, 60510-1461
- **NAICS:** 326111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $919K
- **Rent:** $172K
- **Utilities:** $57K
- **Jobs reported:** 94
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*