# PPP loan: EKLIND TOOL CO.
> **$1.13M** approved 04/15/2020 · Paid in Full · Loan `9755327104`
## Borrower
- **Name:** EKLIND TOOL CO.
- **Address:** 11040 KING ST, FRANKLIN PARK, IL, 60131-1412
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $844K
- **Rent:** $141K
- **Utilities:** $141K
- **Jobs reported:** 118
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village 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*