# PPP loan: IBUILDERS CORP.
> **$1.30M** approved 04/15/2020 · Paid in Full · Loan `1716237200`
## Borrower
- **Name:** IBUILDERS CORP.
- **Address:** 1876 S KEDZIE AVE, CHICAGO, IL, 60623
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.33M (102%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Mortgage interest:** $5K
- **Utilities:** $21K
- **Health care:** $75K
- **Jobs reported:** 37
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*