# PPP loan: CIF INDUSTRIES INC.
> **$224K** approved 04/03/2020 · Paid in Full · Loan `4538437005`
## Borrower
- **Name:** CIF INDUSTRIES INC.
- **Address:** 20988 OLD ROUTE 66, STAUNTON, IL, 62088-4312
- **NAICS:** 336212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $192K (86%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 24
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*