# PPP loan: ZINCTECH DIE CAST MANUFACTURING LLC
> **$242K** approved 04/05/2020 · Paid in Full · Loan `5509787000`
## Borrower
- **Name:** ZINCTECH DIE CAST MANUFACTURING LLC
- **Address:** 301 S HICKS RD, PALATINE, IL, 60067-6940
- **NAICS:** 333514
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 24
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*