# PPP loan: JOHN R. MORREALE INC.
> **$921K** approved 04/10/2020 · Paid in Full · Loan `2178437110`
## Borrower
- **Name:** JOHN R. MORREALE INC.
- **Address:** 7035 W. 65th St. Unit C, CHICAGO, IL, 60638-4603
- **NAICS:** 424470
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $921K
- **Initial approval:** $921K
- **Forgiven:** $936K (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $921K
- **Jobs reported:** 67
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*