# PPP loan: MATTSON/WITT PRECISION PRODUCTS, INC.
> **$253K** approved 04/05/2020 · Paid in Full · Loan `5145937006`
## Borrower
- **Name:** MATTSON/WITT PRECISION PRODUCTS, INC.
- **Address:** 28005 W INDUSTRIAL AVE, LAKE BARRINGTON, IL, 60010-2454
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 18
## Lender
- **Originating:** Barrington Bank & Trust Company, National Association
- **Servicing:** Barrington 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*