# PPP loan: P.T. FERRO CONSTRUCTION CO
> **$2.53M** approved 04/27/2020 · Paid in Full · Loan `4497157203`
## Borrower
- **Name:** P.T. FERRO CONSTRUCTION CO
- **Address:** 700 Rowell Ave, Joliet, IL, 60433-2562
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Jobs reported:** 122
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*