# PPP loan: ALCAST COMPANY
> **$2.59M** approved 04/06/2020 · Paid in Full · Loan `5973217008`
## Borrower
- **Name:** ALCAST COMPANY
- **Address:** 8821 N. University Street, PEORIA, IL, 61615-1635
- **NAICS:** 331523
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.59M
- **Initial approval:** $2.59M
- **Forgiven:** $2.56M (99%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.59M
- **Jobs reported:** 163
## Lender
- **Originating:** INB, National Association
- **Servicing:** INB, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*