# PPP loan: CORNELL FORGE COMPANY
> **$1.10M** approved 04/08/2020 · Paid in Full · Loan `8404297003`
## Borrower
- **Name:** CORNELL FORGE COMPANY
- **Address:** 6666 W. 66th Street, CHICAGO, IL, 60638-4904
- **NAICS:** 332111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Utilities:** $200K
- **Jobs reported:** 79
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*