# PPP loan: DEUCHLER ENGINEERING CORPORATION
> **$444K** approved 04/09/2020 · Paid in Full · Loan `9351027003`
## Borrower
- **Name:** DEUCHLER ENGINEERING CORPORATION
- **Address:** 230 WOODLAWN AVE, AURORA, IL, 60506-5109
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $446K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Rent:** $6K
- **Utilities:** $6K
- **Jobs reported:** 29
## 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*