# PPP loan: CHICAGO BOILER COMPANY
> **$558K** approved 04/28/2020 · Paid in Full · Loan `7235457203`
## Borrower
- **Name:** CHICAGO BOILER COMPANY
- **Address:** 1300 NORTHWESTERN AVE, GURNEE, IL, 60031-2348
- **NAICS:** 332410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 37
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*