# PPP loan: FORGINGS & STAMPINGS INC
> **$392K** approved 04/28/2020 · Paid in Full · Loan `7599437209`
## Borrower
- **Name:** FORGINGS & STAMPINGS INC
- **Address:** 1025 23rd Ave, ROCKFORD, IL, 61104
- **NAICS:** 213114
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $394K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 29
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*