# PPP loan: ENGINEERING RESOURCE ASSOCIATES, INC.
> **$654K** approved 04/07/2020 · Paid in Full · Loan `6991597004`
## Borrower
- **Name:** ENGINEERING RESOURCE ASSOCIATES, INC.
- **Address:** 3S701 West Ave., WARRENVILLE, IL, 60555-3256
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $654K
- **Initial approval:** $654K
- **Forgiven:** $663K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Mortgage interest:** $82K
- **Utilities:** $82K
- **Jobs reported:** 41
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*