# PPP loan: INDUSTRIAL MAINTENANCE WELDING & MACHINING CO. INC
> **$1.66M** approved 02/18/2021 · Paid in Full · Loan `9916148401`
## Borrower
- **Name:** INDUSTRIAL MAINTENANCE WELDING & MACHINING CO. INC
- **Address:** 1431 W Pershing Rd, Chicago, IL, 60609-2407
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.66M
- **Jobs reported:** 113
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*