# PPP loan: NORTH AMERICAN CLUTCH AND DRIVELINE INC.
> **$477K** approved 01/19/2021 · Paid in Full · Loan `1771488302`
## Borrower
- **Name:** NORTH AMERICAN CLUTCH AND DRIVELINE INC.
- **Address:** 10901 N 2nd St, Machesney Park, IL, 61115-1461
- **NAICS:** 333613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $477K
- **Jobs reported:** 33
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*