# PPP loan: FRANTZ MANUFACTURING COMPANY
> **$1.26M** approved 04/13/2020 · Paid in Full · Loan `4452227109`
## Borrower
- **Name:** FRANTZ MANUFACTURING COMPANY
- **Address:** 603 1st Avenue P.O. Box 497, STERLING, IL, 61081-3620
- **NAICS:** 332991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 90
## Lender
- **Originating:** Sauk Valley Bank & Trust Company
- **Servicing:** Sauk Valley Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*