# PPP loan: MILAN'S MACHINING & MFG. CO., INC
> **$866K** approved 04/08/2020 · Paid in Full · Loan `8542017009`
## Borrower
- **Name:** MILAN'S MACHINING & MFG. CO., INC
- **Address:** 1301 S. Laramie, CICERO, IL, 60804
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $866K
- **Initial approval:** $922K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $866K
- **Jobs reported:** 67
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*