# PPP loan: REX RADIATOR & WELDING CO., INC.
> **$287K** approved 04/12/2020 · Paid in Full · Loan `3694767105`
## Borrower
- **Name:** REX RADIATOR & WELDING CO., INC.
- **Address:** 483 Evergreen Ave, Bensenville, IL, 60106-2505
- **NAICS:** 811118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Jobs reported:** 21
## Lender
- **Originating:** Grand Ridge National Bank
- **Servicing:** Grand Ridge National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*