# PPP loan: MARKETING ALTERNATIVES INC
> **$514K** approved 04/15/2020 · Paid in Full · Loan `2216147206`
## Borrower
- **Name:** MARKETING ALTERNATIVES INC
- **Address:** 250 NORTHWEST PARKWAY, ELGIN, IL, 60124
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $514K
- **Initial approval:** $1.00M
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 86
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*