# PPP loan: TITAN INDUSTRIES, INC
> **$336K** approved 04/05/2020 · Paid in Full · Loan `5542567006`
## Borrower
- **Name:** TITAN INDUSTRIES, INC
- **Address:** 100 W Prospect  Dr, DEER CREEK, IL, 61733-1000
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Rent:** $26K
- **Utilities:** $12K
- **Health care:** $20K
- **Jobs reported:** 27
## Lender
- **Originating:** First Security Bank
- **Servicing:** First Security Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*