# PPP loan: INNOVATIVE CASTING TECHNOLOGIES INC
> **$653K** approved 03/24/2021 · Paid in Full · Loan `7751058607`
## Borrower
- **Name:** INNOVATIVE CASTING TECHNOLOGIES INC
- **Address:** 401 Blue Chip Ct, Franklin, IN, 46131-8825
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $659K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $653K
- **Jobs reported:** 44
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*