# PPP loan: SBSI, INC
> **$455K** approved 04/10/2020 · Paid in Full · Loan `2380347100`
## Borrower
- **Name:** SBSI, INC
- **Address:** 500 W MADISON ST, CHICAGO, IL, 60661-0004
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Jobs reported:** 16
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*