# PPP loan: ALLSTAR FASTENERS INC.
> **$510K** approved 04/07/2020 · Paid in Full · Loan `7196877000`
## Borrower
- **Name:** ALLSTAR FASTENERS INC.
- **Address:** 1550 ARTHUR AVE, ELK GROVE VILLAGE, IL, 60007-5733
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $514K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Rent:** $64K
- **Utilities:** $64K
- **Jobs reported:** 36
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*