# PPP loan: OCTAGON HAIRSTYLING SHOP INC.
> **$296K** approved 01/20/2021 · Paid in Full · Loan `2226878300`
## Borrower
- **Name:** OCTAGON HAIRSTYLING SHOP INC.
- **Address:** 1333 N Delany Rd, Gurnee, IL, 60031-2183
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $303K (102%)
- **Forgiveness date:** 05/24/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $296K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*