# PPP loan: SERRA LASER PRECISION LLC
> **$1.12M** approved 01/25/2021 · Paid in Full · Loan `5380658306`
## Borrower
- **Name:** SERRA LASER PRECISION LLC
- **Address:** 2400 Commerce Dr, Libertyville, IL, 60048-4462
- **NAICS:** 332322
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville 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*