# PPP loan: OLSON ALUMINUM CASTIUNG LTD
> **$621K** approved 02/24/2021 · Paid in Full · Loan `3913608503`
## Borrower
- **Name:** OLSON ALUMINUM CASTIUNG LTD
- **Address:** 2135 15th St, Rockford, IL, 61104-7310
- **NAICS:** 331523
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $621K
- **Utilities:** $1
- **Jobs reported:** 50
## 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*