# PPP loan: SOUTHWEST SPRING INC.
> **$162K** approved 04/10/2020 · Paid in Full · Loan `2044257109`
## Borrower
- **Name:** SOUTHWEST SPRING INC.
- **Address:** 3863 W Columbus Ave, CHICAGO, IL, 60652-3731
- **NAICS:** 811118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 12
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*