# PPP loan: UTILITY DYNAMICS CORPORATION
> **$695K** approved 02/05/2021 · Paid in Full · Loan `4032338401`
## Borrower
- **Name:** UTILITY DYNAMICS CORPORATION
- **Address:** 23 Commerce Dr, Oswego, IL, 60543-9305
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $695K
- **Initial approval:** $695K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $695K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*