# PPP loan: MUNTZ INDUSTRIES INC.
> **$492K** approved 01/22/2021 · Paid in Full · Loan `3924178304`
## Borrower
- **Name:** MUNTZ INDUSTRIES INC.
- **Address:** 710 Tower Rd, Mundelein, IL, 60060-3818
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 03/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*