# PPP loan: AMERICAN MARKETING SYSTEM, INC.
> **$248K** approved 04/10/2020 · Paid in Full · Loan `1411177107`
## Borrower
- **Name:** AMERICAN MARKETING SYSTEM, INC.
- **Address:** 7020 High Grove Blvd 0.0, Burr Ridge, IL, 60527-7595
- **NAICS:** 611430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*