# PPP loan: INDAK MANUFACTURING CORP
> **$1.26M** approved 04/07/2020 · Paid in Full · Loan `7601497009`
## Borrower
- **Name:** INDAK MANUFACTURING CORP
- **Address:** 1915 Techny Rd, NORTHBROOK, IL, 60062-5307
- **NAICS:** 335931
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Mortgage interest:** $200K
- **Utilities:** $64K
- **Jobs reported:** 117
## Lender
- **Originating:** First Bank Chicago
- **Servicing:** First Bank Chicago (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*