# PPP loan: WIEGEL TOOL WORKS INC.
> **$1.65M** approved 02/13/2021 · Paid in Full · Loan `8287758409`
## Borrower
- **Name:** WIEGEL TOOL WORKS INC.
- **Address:** 935 N Central Ave, Wood Dale, IL, 60191-1218
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.65M
- **Utilities:** $1
- **Jobs reported:** 102
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*