# PPP loan: JBW MACHINING INC.
> **$410K** approved 04/30/2020 · Paid in Full · Loan `4715867301`
## Borrower
- **Name:** JBW MACHINING INC.
- **Address:** 2826 Birch Street, FRANKLIN PARK, IL, 60131
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $302K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $410K
- **Jobs reported:** 21
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*