# PPP loan: THE BOWA GROUP INC.
> **$709K** approved 03/15/2021 · Paid in Full · Loan `2433838607`
## Borrower
- **Name:** THE BOWA GROUP INC.
- **Address:** 7050 S Stony Island Ave, Chicago, IL, 60649-1906
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $709K
- **Initial approval:** $709K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $709K
- **Jobs reported:** 46
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*