# PPP loan: HI-TECH FASTENER CORP
> **$210K** approved 03/01/2021 · Paid in Full · Loan `5800908502`
## Borrower
- **Name:** HI-TECH FASTENER CORP
- **Address:** 25 E 34th St, South Chicago Heights, IL, 60411-5501
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 16
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*