# PPP loan: TECHNICAL METALS INC
> **$825K** approved 02/12/2021 · Paid in Full · Loan `7467958402`
## Borrower
- **Name:** TECHNICAL METALS INC
- **Address:** 1301 W Oak St, Fairbury, IL, 61739-1490
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $829K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $825K
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Bank of Pontiac
- **Servicing:** Bank of Pontiac (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*