# PPP loan: LANDARCH SYSTEMS INC.
> **$261K** approved 04/10/2020 · Paid in Full · Loan `1403507110`
## Borrower
- **Name:** LANDARCH SYSTEMS INC.
- **Address:** 1233 E US HIGHWAY 45, VERNON HILLS, IL, 60061-3189
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 41
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*