# PPP loan: BALES MOLD SERVICE INC.
> **$404K** approved 04/07/2020 · Paid in Full · Loan `6905507004`
## Borrower
- **Name:** BALES MOLD SERVICE INC.
- **Address:** 2824 Hitchcock Avenue, DOWNERS GROVE, IL, 60515-4016
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Rent:** $51K
- **Utilities:** $51K
- **Jobs reported:** 30
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*