# PPP loan: NATIONAL METAL WORKS INC.
> **$204K** approved 04/28/2020 · Paid in Full · Loan `7550857205`
## Borrower
- **Name:** NATIONAL METAL WORKS INC.
- **Address:** 916 RIVER LN, LOVES PARK, IL, 61111-4713
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $205K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $10K
- **Utilities:** $4K
- **Jobs reported:** 12
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*