# PPP loan: CASTEN BODY SHOP INC
> **$300K** approved 04/07/2020 · Paid in Full · Loan `7121617009`
## Borrower
- **Name:** CASTEN BODY SHOP INC
- **Address:** 230 OAKWOOD RD, LAKE ZURICH, IL, 60047-1508
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $30K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 18
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*