# PPP loan: SILVERIP COMMUNICATIONS INC
> **$463K** approved 04/10/2020 · Paid in Full · Loan `2331997100`
## Borrower
- **Name:** SILVERIP COMMUNICATIONS INC
- **Address:** 2241 S Wabash Ave, Chicago, IL, 60616
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 34
## Lender
- **Originating:** Prospect Bank
- **Servicing:** Prospect Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*