# PPP loan: MOLINE FORGE INC.
> **$604K** approved 01/27/2021 · Paid in Full · Loan `6468388307`
## Borrower
- **Name:** MOLINE FORGE INC.
- **Address:** 4101 4th Ave, Moline, IL, 61265-1959
- **NAICS:** 332111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $610K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $604K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** CBI Bank and Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*