# PPP loan: DREISILKER ELECTRIC MOTORS INC
> **$1.07M** approved 04/07/2020 · Paid in Full · Loan `6720127001`
## Borrower
- **Name:** DREISILKER ELECTRIC MOTORS INC
- **Address:** 352 Roosevelt Road, GLEN ELLYN, IL, 60137-5646
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $801K
- **Rent:** $160K
- **Utilities:** $107K
- **Jobs reported:** 82
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*