# PPP loan: GRAYMONT EQUIPMENT DISTRIBUTION, LLC
> **$940K** approved 01/16/2021 · Paid in Full · Loan `1342888306`
## Borrower
- **Name:** GRAYMONT EQUIPMENT DISTRIBUTION, LLC
- **Address:** 1621 W Carroll Ave, Chicago, IL, 60612-2501
- **NAICS:** 446199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $945K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $940K
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** First National Bank of Brookfield
- **Servicing:** First National Bank of Brookfield (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*