# PPP loan: CROWN MACHINE, INC.
> **$240K** approved 08/07/2020 · Paid in Full · Loan `5209868201`
## Borrower
- **Name:** CROWN MACHINE, INC.
- **Address:** 2707 N Main St, ROCKFORD, IL, 61103-3111
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 23
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*