# PPP loan: C.E. KORSGARD COMPANY
> **$1000K** approved 04/15/2020 · Paid in Full · Loan `1700717208`
## Borrower
- **Name:** C.E. KORSGARD COMPANY
- **Address:** 1911 S BUSSE RD, MOUNT PROSPECT, IL, 60056-5506
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1000K
- **Initial approval:** $1000K
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1000K
- **Jobs reported:** 66
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*