# PPP loan: TERRACO INCORPORATED
> **$193K** approved 04/09/2020 · Paid in Full · Loan `1001317109`
## Borrower
- **Name:** TERRACO INCORPORATED
- **Address:** 3201 Old Glenview Road Suite 300, WILMETTE, IL, 60091
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Health care:** $16K
- **Jobs reported:** 16
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*