# PPP loan: COMET FABRICATING & WELDING CO
> **$436K** approved 02/05/2021 · Paid in Full · Loan `3827658402`
## Borrower
- **Name:** COMET FABRICATING & WELDING CO
- **Address:** 5620 Falcon Rd, Rockford, IL, 61109-2914
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $436K
- **Utilities:** $1
- **Jobs reported:** 34
## 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*