# PPP loan: CIMCO RESOURCES INC.
> **$1.69M** approved 02/11/2021 · Paid in Full · Loan `7340468400`
## Borrower
- **Name:** CIMCO RESOURCES INC.
- **Address:** 1616 Windsor Rd, Loves Park, IL, 61111-4252
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 164
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*