# PPP loan: 8TH STAGE, INC.
> **$174K** approved 04/16/2020 · Paid in Full · Loan `2303417202`
## Borrower
- **Name:** 8TH STAGE, INC.
- **Address:** 20 N Upper Wacker Drive 12th Floor, Chicago, IL, 60606
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Mortgage interest:** $28K
- **Utilities:** $6K
- **Jobs reported:** 9
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*