# PPP loan: US TECH SOURCE INC
> **$172K** approved 05/01/2020 · Paid in Full · Loan `2173537705`
## Borrower
- **Name:** US TECH SOURCE INC
- **Address:** 1101 PERIMETER DR STE 875, SCHAUMBURG, IL, 60173
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $11K
- **Jobs reported:** 100
## 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*