# PPP loan: SOURCEGEAR, LLC
> **$151K** approved 04/10/2020 · Paid in Full · Loan `2215237109`
## Borrower
- **Name:** SOURCEGEAR, LLC
- **Address:** 510 DEVONSHIRE DR, STE H, CHAMPAIGN, IL, 61820-7306
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 8
## Lender
- **Originating:** BankChampaign, National Association
- **Servicing:** BankChampaign, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*