# PPP loan: FELDCO FACTORY DIRECT, LLC
> **$1.78M** approved 04/10/2020 · Paid in Full · Loan `1802957102`
## Borrower
- **Name:** FELDCO FACTORY DIRECT, LLC
- **Address:** 125 E Oakton 0.0, Des Plaines, IL, 60018-1909
- **NAICS:** 236118
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.78M
- **Forgiven:** $1.80M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Rent:** $123K
- **Utilities:** $25K
- **Health care:** $80K
- **Debt interest:** $10K
- **Jobs reported:** 127
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*