# PPP loan: METALLOY COMPANY, INC.
> **$173K** approved 04/28/2020 · Paid in Full · Loan `8213437201`
## Borrower
- **Name:** METALLOY COMPANY, INC.
- **Address:** 3728 ILLINOIS AVE, SAINT CHARLES, IL, 60174-2421
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $26K
- **Utilities:** $17K
- **Jobs reported:** 9
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles 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*