# PPP loan: FRICTIONLESS SOLUTIONS INC.
> **$257K** approved 01/20/2021 · Paid in Full · Loan `2060578303`
## Borrower
- **Name:** FRICTIONLESS SOLUTIONS INC.
- **Address:** 415 W Golf Rd Ste 28, Arlington Heights, IL, 60005-3923
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 16
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*