# PPP loan: MP PROPERTIES MANAGEMENT INC
> **$157K** approved 04/10/2020 · Charged Off · Loan `2104327109`
## Borrower
- **Name:** MP PROPERTIES MANAGEMENT INC
- **Address:** 200 E RAND RD, MOUNT PROSPECT, IL, 60056-2158
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $118K (75%)
- **Forgiveness date:** 08/18/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 31
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*