# PPP loan: THERMAL PROCESS SYSTEMS, INC
> **$242K** approved 04/05/2020 · Paid in Full · Loan `5313617004`
## Borrower
- **Name:** THERMAL PROCESS SYSTEMS, INC
- **Address:** 627 EAST 110TH AVE, CROWN POINT, IN, 46307-7748
- **NAICS:** 221320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 14
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*