# PPP loan: ELEMECH INC
> **$672K** approved 04/08/2021 · Paid in Full · Loan `9482118710`
## Borrower
- **Name:** ELEMECH INC
- **Address:** 2275 White Oak Cir, Aurora, IL, 60502-9670
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $674K (100%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $672K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Reliabank Dakota
- **Servicing:** Reliabank Dakota (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*