# PPP loan: KADON PRECISION MACHINING, LLC
> **$790K** approved 04/13/2020 · Paid in Full · Loan `4839367110`
## Borrower
- **Name:** KADON PRECISION MACHINING, LLC
- **Address:** 5876 SANDY HOLLOW, ROCKFORD, IL, 61109
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $790K
- **Initial approval:** $790K
- **Forgiven:** $796K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $790K
- **Jobs reported:** 69
## Lender
- **Originating:** Illinois Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*