# PPP loan: MCGRATH-COLOSIMO LTD
> **$3.20M** approved 04/15/2020 · Paid in Full · Loan `1624587203`
## Borrower
- **Name:** MCGRATH-COLOSIMO LTD
- **Address:** 1250 W Divison St, CHICAGO, IL, 60642
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.20M
- **Initial approval:** $3.20M
- **Forgiven:** $3.24M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.20M
- **Jobs reported:** 239
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*