# PPP loan: MACE IRON WORKS, INC.
> **$249K** approved 04/15/2020 · Paid in Full · Loan `8834157105`
## Borrower
- **Name:** MACE IRON WORKS, INC.
- **Address:** 221 INDUSTRY AVE, FRANKFORT, IL, 60423-1640
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 17
## Lender
- **Originating:** CNB Bank and Trust, National Association
- **Servicing:** CNB Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*