# PPP loan: MVP ECONOMIC DEVELOPMENT CORPORATION
> **$276K** approved 01/20/2021 · Paid in Full · Loan `2380128307`
## Borrower
- **Name:** MVP ECONOMIC DEVELOPMENT CORPORATION
- **Address:** 101 Center St, Grayslake, IL, 60030-3661
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 22
## Lender
- **Originating:** State Bank of the Lakes, National Association
- **Servicing:** State Bank of the Lakes, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*