# PPP loan: FOOD WARMING EQUIPMENT COMPANY INC
> **$1.57M** approved 04/05/2020 · Paid in Full · Loan `5127847010`
## Borrower
- **Name:** FOOD WARMING EQUIPMENT COMPANY INC
- **Address:** 1540 Carlemont Dr, Ste A, CRYSTAL LAKE, IL, 60014-1839
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.57M (100%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Rent:** $393K
- **Jobs reported:** 131
## Lender
- **Originating:** Home State Bank, National Association
- **Servicing:** Home State Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*