# PPP loan: GALAXY ENTERPRISES INC.
> **$500K** approved 02/19/2021 · Paid in Full · Loan `1979208505`
## Borrower
- **Name:** GALAXY ENTERPRISES INC.
- **Address:** 1002 Bonaventure Dr, Elk Grove Village, IL, 60007-3277
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 20
## 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*