# PPP loan: SEATING CONCEPTS
> **$1.59M** approved 02/02/2021 · Paid in Full · Loan `1772648402`
## Borrower
- **Name:** SEATING CONCEPTS
- **Address:** 125 Connell Ave, Rockdale, IL, 60436-2466
- **NAICS:** 423210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*