# PPP loan: SEAGA MANUFACTURING INC
> **$745K** approved 04/05/2020 · Paid in Full · Loan `5224287010`
## Borrower
- **Name:** SEAGA MANUFACTURING INC
- **Address:** 700 SEAGA DR, FREEPORT, IL, 61032-9644
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $745K
- **Initial approval:** $745K
- **Forgiven:** $754K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Rent:** $93K
- **Utilities:** $93K
- **Jobs reported:** 63
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*