# PPP loan: ULTRA POLISHING, INC.
> **$801K** approved 04/08/2020 · Paid in Full · Loan `7680077009`
## Borrower
- **Name:** ULTRA POLISHING, INC.
- **Address:** 1320 HOLMES RD, ELGIN, IL, 60123-1202
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $801K
- **Initial approval:** $801K
- **Forgiven:** $811K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $601K
- **Mortgage interest:** $100K
- **Utilities:** $100K
- **Jobs reported:** 54
## Lender
- **Originating:** Barrington Bank & Trust Company, National Association
- **Servicing:** Barrington Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*