# PPP loan: SOLA GROUP INC.
> **$284K** approved 02/02/2021 · Paid in Full · Loan `1507238407`
## Borrower
- **Name:** SOLA GROUP INC.
- **Address:** 1880 Oak Ave Ste 350, Evanston, IL, 60201-5921
- **NAICS:** 511120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 01/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $284K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*