# PPP loan: STRATA-TAC, INC.
> **$541K** approved 04/07/2020 · Paid in Full · Loan `7617777004`
## Borrower
- **Name:** STRATA-TAC, INC.
- **Address:** 3980 Swenson Ave, St Charles, IL, 60174-3446
- **NAICS:** 323120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Jobs reported:** 34
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*