# PPP loan: HY-TEK MFG. CO., INC
> **$413K** approved 04/06/2020 · Paid in Full · Loan `6366117005`
## Borrower
- **Name:** HY-TEK MFG. CO., INC
- **Address:** 1998 Bucktail Ln, SUGAR GROVE, IL, 60554-9609
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $415K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Rent:** $33K
- **Utilities:** $9K
- **Health care:** $43K
- **Jobs reported:** 32
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*