# PPP loan: SEEDBURO EQUIPMENT COMPANY
> **$218K** approved 05/01/2020 · Paid in Full · Loan `2506507706`
## Borrower
- **Name:** SEEDBURO EQUIPMENT COMPANY
- **Address:** 2293 South Mount Prospect Road, Des Plaines, IL, 60018
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $23K
- **Utilities:** $1K
- **Health care:** $11K
- **Jobs reported:** 17
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*