# PPP loan: CAT I MANUFACTURING, INC.
> **$1.73M** approved 05/15/2020 · Paid in Full · Loan `7027947410`
## Borrower
- **Name:** CAT I MANUFACTURING, INC.
- **Address:** 865 Commerce Dr P.O. Box 208, SOUTH ELGIN, IL, 60177
- **NAICS:** 327215
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Rent:** $259K
- **Utilities:** $173K
- **Jobs reported:** 170
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles 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*