# PPP loan: ALL TECH ENERGY, INCORPORATED
> **$272K** approved 04/07/2020 · Paid in Full · Loan `7181067001`
## Borrower
- **Name:** ALL TECH ENERGY, INCORPORATED
- **Address:** 1000 E STATE PKWY, STE C, SCHAUMBURG, IL, 60173-4569
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 18
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*