# PPP loan: YOUNGBERG INDUSTRIES, INC.
> **$1.14M** approved 04/11/2020 · Paid in Full · Loan `3614887107`
## Borrower
- **Name:** YOUNGBERG INDUSTRIES, INC.
- **Address:** 6863 INDY DR, BELVIDERE, IL, 61008-8769
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 72
## Lender
- **Originating:** Illinois Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*