# PPP loan: DAMEN CABIDE TOOL COMPANY, INC.
> **$392K** approved 04/09/2020 · Paid in Full · Loan `8859617010`
## Borrower
- **Name:** DAMEN CABIDE TOOL COMPANY, INC.
- **Address:** 344 BEINORIS DR, WOOD DALE, IL, 60191-1223
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Utilities:** $20K
- **Jobs reported:** 22
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*