# PPP loan: CREATIVE LABEL INC
> **$228K** approved 05/01/2020 · Paid in Full · Loan `2525987705`
## Borrower
- **Name:** CREATIVE LABEL INC
- **Address:** 2450 ESTES AVE, ELK GROVE VILLAGE, IL, 60007
- **NAICS:** 323120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $3K
- **Health care:** $38K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*