# PPP loan: MONARCH TOOL AND DIE COMPANY
> **$205K** approved 02/09/2021 · Paid in Full · Loan `5699708408`
## Borrower
- **Name:** MONARCH TOOL AND DIE COMPANY
- **Address:** 862 N Industrial Dr, Elmhurst, IL, 60126-1121
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 13
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*