# PPP loan: CATHODIC PROTECTION MANAGEMENT INC
> **$334K** approved 04/07/2020 · Paid in Full · Loan `6716597010`
## Borrower
- **Name:** CATHODIC PROTECTION MANAGEMENT INC
- **Address:** 39W960 MIDAN DRIVE, ELBURN, IL, 60119-9473
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $83K
- **Jobs reported:** 22
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*