# PPP loan: PROGRESSIVE TURNINGS INC
> **$291K** approved 04/06/2020 · Paid in Full · Loan `5836987009`
## Borrower
- **Name:** PROGRESSIVE TURNINGS INC
- **Address:** 1680 MOUNTAIN ST, AURORA, IL, 60505-2439
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $17K
- **Utilities:** $14K
- **Jobs reported:** 24
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*