# PPP loan: M.S.--ACTION MACHINING CORP.
> **$327K** approved 04/05/2020 · Paid in Full · Loan `5436517009`
## Borrower
- **Name:** M.S.--ACTION MACHINING CORP.
- **Address:** 4061 W DAYTON ST, MCHENRY, IL, 60050-7011
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $49K
- **Utilities:** $33K
- **Jobs reported:** 26
## Lender
- **Originating:** Crystal Lake Bank & Trust Company, National Association
- **Servicing:** Crystal Lake 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*