# PPP loan: MACHINE TOOL BUILDERS
> **$377K** approved 02/12/2021 · Paid in Full · Loan `7663458402`
## Borrower
- **Name:** MACHINE TOOL BUILDERS
- **Address:** 7723 Burden Rd, Machesney Park, IL, 61115-8219
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 16
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*