# PPP loan: SUNDSTROM PRESSED STEEL CO.
> **$302K** approved 03/02/2021 · Paid in Full · Loan `6014768505`
## Borrower
- **Name:** SUNDSTROM PRESSED STEEL CO.
- **Address:** 8030 S South Chicago Ave, Chicago, IL, 60617-1029
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $302K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*