# PPP loan: CHASE FASTENERS, INC.
> **$250K** approved 04/08/2020 · Paid in Full · Loan `7848457010`
## Borrower
- **Name:** CHASE FASTENERS, INC.
- **Address:** 1539 N 25TH AVE, MELROSE PARK, IL, 60160-1821
- **NAICS:** 332722
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $38K
- **Utilities:** $25K
- **Jobs reported:** 15
## Lender
- **Originating:** Crystal Lake Bank & Trust Company, National Association
- **Servicing:** Crystal Lake 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*