# PPP loan: AMERIKAL PRODUCTS CORPORATION
> **$199K** approved 02/17/2021 · Paid in Full · Loan `9608698400`
## Borrower
- **Name:** AMERIKAL PRODUCTS CORPORATION
- **Address:** 2115 Northwestern Ave # 2117, Waukegan, IL, 60087-4144
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*