# PPP loan: TUFTS GRINDING INC.
> **$563K** approved 01/23/2021 · Paid in Full · Loan `4944528304`
## Borrower
- **Name:** TUFTS GRINDING INC.
- **Address:** 79 E 34th St, South Chicago Heights, IL, 60411-5501
- **NAICS:** 331221
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $565K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $563K
- **Jobs reported:** 39
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*